An article In the May edition of the Safety & Health Practitioner Magazine outlines the proposed Tax relief to incentivise workplace health interventions identified in the 2013 Budget.
Chancellor of the Exchequer announced that Employers will be able to access tax relief for health-related interventions recommended by its planned health and work assessment and advisory service. The Government announced earlier this year that it would set up a state-funded service through which occupational-health professionals can provide employers with advice on helping employees who have fallen ill, return to work.
The Budget document commits the Government to introduce a targeted tax-relief scheme, so that “amounts up to a cap of £500 paid by employers on health-related interventions recommended by the service are not treated as a taxable benefit in kind”.
A consultation on how this will be implemented will be launched later this year.
Click HERE for the Full SHP Article.