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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.

For details on how RBS Mentor could help your business in situations like this and many others, contact us today. If you already subscribe to Mentor, please call the Advice Service.

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