Safety Signs News

Health scheme tax breaks deemed too narrow

27th August 2013 | Health and Safety Signs

Posted by Ben Alexander

Health scheme tax breaks are too narrow for modern businesses, one organisation has claimed.

The Institution of Occupational Safety and Health (IOSH) has supported the move to eliminate tax disincentives for particular kinds of health support and access to physical activities and sports.

IOSH wants the treasury to scrap the limit of £500 expenditure per employee per year, along with the stipulation that health therapy needs to be recommended via the new Health and Work Service.

IOSH head of policy and public affairs Richard Jones said: “It’s great that the government are recognising the business benefits of good health support at work and is bringing in these tax breaks.”

However, Mr Jones described the £500 cap on how much employers can invest in their workers as “counterproductive and self-defeating”.

IOSH made this plea in its submission to the Treasury's informal consultation on the ‘Implementation of tax exemptions for employer expenditure on health-related interventions’.ADNFCR-2754-ID-801629617-ADNFCR


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