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Retail Theft

Dear <general retail client>,

Losses of stock and cash

You may have noticed recent reports showing the high and increasing levels of losses suffered by retailers due to theft. You will be aware that the average level of retail theft has been estimated to be 2%. Research shows that this can be doubled if the business employs staff.

This means that a business with a £250,000 turnover could be losing cash and stock to the value of £10,000 each year.

To make matters worse, the effect on margins could lead to a tax or VAT investigation which might result in additional tax, interest and penalties being payable if it cannot be shown that the missing cash and stock was stolen.

We can offer our services in helping to:

  • identify opportunities for theft
  • detect whether your business might be suffering from theft
  • take preventative action, including tightening up on systems and procedures

If you think we could help you with this, please get in touch. We will then agree with you the action you would like us to take to take.

Yours sincerely,

 

Name of Practice


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Disclaimer
These sample letters are provided on the understanding that they will be used only by competent professional advisers who will check and accept responsibility for the accuracy of the information contained in them.  The publisher and authors expressly disclaim all and any liability and responsibility to any person, whether a purchaser or a reader of them, or not, in respect of anything, and of the consequences of anything, done or omitted to be done by any person in reliance, whether wholly or in part, upon the whole or any part of them.

Parkes
E-Tax Law Limited t/a Parkes
Registered office: Ethos Building, Kings Road, Swansea SA1 8AS
Tel: 01792 458525   Fax: 01792 466680
Registered in England and Wales company number 3927867
email: info@parkestax.co.uk