Retailers must act now to redeem expired gift vouchers says HTA
The HTA is reminding retailers that the deadline for the expired National Garden Gift Vouchers amnesty will be reached on 31 August.
The HTA is enforcing voucher expiry dates thanks to a change in accounting legislation. Since receiving notice of the change, the association has been working closely with appropriate bodies to mitigate any effects on members.
To allow more time to train staff, the amnesty on vouchers with an expiry date of 31 December 2016 was extended to 31 August 2017. Any expired vouchers accepted by retailers on that date must be returned to the HTA for redemption within 30 days.
The HTA says that the consequences on its finances of not implementing the change would be “significant and not sustainable”.
