Budget News: IOSH repeats calls for tax breaks for supportive
companies
Health & Safety update 21/03/2012
The Institute of Occupational Safety and Health (IOSH) has
repeated calls for this afternoon’s budget to contain measures to
help smaller businesses support the health of their workers.
IOSH recently sent a letter to Chancellor George Osborne
outlining the benefits of removing some tax burdens from smaller
companies that undertake measures to aid their workforces’ health
and well being.
The organisation’s chief executive, Rob Strange, OBE, said that
companies that, despite the current economic difficulties, try to
provide therapies and benefit for people returning to work
following injuries or illness should be rewarded for their
efforts.
“Such a forward-thinking initiative could help improve the
health of the country’s workforce and make an important
contribution to national efficiency, productivity and prosperity in
these tough economic times,” Strange wrote in the letter.
“We want the Government to see that improving health and well
being in UK businesses would actually reduce demands on the state
and the NHS, while helping struggling SMEs by cutting lost time and
giving them incentives.”
An IOSH-commissioned survey recently showed that 57 per cent of
companies with 100-249 employees felt they would benefit from tax
breaks for providing therapies for non-work injury and illness.
IOSH has also called for tax breaks for companies that make
provisions for gym and sports facilities for their workers, after
two-thirds of the companies in the survey said they felt it would
benefit their workforce.
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