GCA to change levy model

Groceries Code Adjudicator Christine Tacon has announced to the way the levy which funds her office is collected from the ten retailers covered by the Grocery Suppliers Code of Practice (GSCoP).

Up until now the annual budget of £1 million has been split evenly between the ten retailers, with each paying £100,000. Under the new formula, 70 per cent of the GCA’s budget will be split evenly as before, with 20 per cent based on the market share of the retailer. The final 10 per cent will be based on anticipated workload due to each retailer, based on historical issues.

Due to these changes the smallest contribution will now account for 7.5 per cent of the total with the largest representing 17 per cent. In addition Ms Tacon is requesting £2 million for the year to cover the costs of potential investigations. Any unused funds will be returned to retailers at the end of the year. While Ms Tacon refused to name which retailer would be making the largest contribution, she did say that it would be £302,000 this year.

A full report on the GCA’s annual conference will appear in the August issue of The Vegetable Farmer.

Related Posts

Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages
ajde_events
@ACTHortNews

Covid-19 adds up to 15% on labour costs, new report shows hortnews.com/covid-19-adds-… #hortnews @NFUtweets

About 4 days ago from HortNews's Twitter via Twitter Web App

ipso regulated

Welcome Back!

Login to your account below

Create New Account!

Fill the forms bellow to register

Retrieve your password

Please enter your username or email address to reset your password.

  • Sign up now

    Hort Industry

  • X