Kevin Beare & Co Home
  • Twitter
  • Linked In
  • Home
  • Contact Us

« Think-tank proposes green taxes to combat climate change
Dinner with the FT: Prince Andrew »

Regulations still ‘burdensome’, say businesses

Firms believe that complying with business regulations has not become any easier or any less time-consuming, a new survey has revealed.

This despite a government scheme designed to reduce the costs and effort of dealing with business rules.

The survey was conducted by the National Audit Office (NAO).

Its findings showed that businesses consider that certain aspects of complying with regulation have become less burdensome over the last year, and that there has been some improvement in business perceptions of regulation since 2007.

However, only a tiny minority reported that compliance overall has become simpler or less demanding of time. A third thought it had actually got worse.

The survey follows the setting up by the government of the Administrative Burdens Reduction Programme.

The Programme aims to reduce by a quarter the cost to business of complying with regulations by next year.

There has been some improvement in the perception that firms have of business regulations. This year, 65 per cent of businesses saw completing the relevant paperwork as a burden, compared with 74 per cent in 2007. Similarly, 64 per cent of businesses reported that finding guidance and advice about the regulations was a burden, a reduction of 7 per cent from 2007.

Nevertheless, six out of ten respondents claimed that the admin involved in proving compliance with regulations is an obstacle, and just one per cent of businesses felt that complying with regulations had become less time consuming in the last year.

Keeping up with new regulations and changes to existing rules was also a problem, with some 95 per cent of firms citing it as a concern.

Amyas Morse, head of the National Audit Office, said:

“There is always a difference between perception and reality but our testing shows that almost no businesses think that complying with regulation has become easier or less time consuming in the last year. The majority think that things have remained the same and over a third think that the burden of regulation has got worse. On the other hand, 42 per cent of businesses think that government is getting the right balance of regulation to protect people and the environment.”

Related Posts

None

Tags: Regulations

This entry was posted on Monday, November 2nd, 2009 at 6:52 pm by Paul Beare and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Comments are closed.

International

  • Australia
  • Canada
  • France
  • New Zealand
  • USA

Who we are

  • The Answer
  • The Team
  • Company news
  • Case Studies
  • Free Guides

Where we are

  • Bracknell
  • London

Your Needs

  • Formations
  • UK start up advice
  • Accounting
  • Outsourced UK Payroll
  • Human Resources
  • Taxation

Our thoughts

  • Culture
  • Legal Structures in the UK
  • FAQs
  • Blog

GoUK
  • Deadline:
    in 9 days
  • About

    KB

    Most Popular Posts

    • What is VAT
    • Self Employed Expenditure and Allowances
    • What is UK VAT? – a brief and simple note!
    • Employment at Will in the UK

    Free Guides

    • Legal structures in the UK
    • UK tax rates and allowances
    • PAYE and NI
    • UK company car benefit calculator

    Tag Cloud

    Anti money laundering checks Bank account FDI Government HMRC International corporate structure Kevin Beare National Insurance Contributions Personal tax returns Regulations SME sole trader tax planning tax relief Top 10 for setting up in the UK uk business UK Corporation Tax UK Inward Investment UK news UK VAT

    Posts

    • UK Company car benefit
    • January Investment news
    • UK Bribery Act finally in place
    • Top 10 for setting up in the UK: 6. UK Taxes – an overview
    • American / English translations
    Subscribe in a reader

    Topics

    • Top 10 for setting up in the UK
    • A Personal View
    • Australia
    • Canada
    • France
    • Fun
    • Go UK!
    • New Zealand
    • News
    • The Insider
    • UK accounting
    • USA

    Twitter

      February US/UK Investment news available here http://t.co/K2njVc7K #UKaccountant #cpa #fdi #Inwardinvestment #accounting 4 hrs ago follow UKAccounting at http://twitter.com

    Links

    • AccountingWEB
    • Cheap Accounting
    • Corporate Hippy
    • Going Concern
    • HMRC Pension schemes FAQs
    • Kevin Beare & Co Main Site
    • PMTate BSc FCA
    • TaxBuzz Blog
    • The Institute of Chartered Accountants in England & Wales
    • thriveal

    History

    • February 2012
    • January 2012
    • November 2011
    • October 2011
    • September 2011
    • August 2011
    • July 2011
    • June 2011
    • May 2011
    • April 2011
    • March 2011
    • February 2011
    • January 2011
    • December 2010

    Accounting Web USA

    British Blogs Business Finance Blogs blog search directory Kevin Beare & Co blog International Affairs blogs & blog posts
    Web Directory
    Finance Blogs
    Finance directory

    Meta

    • Log in

    email paul.beare@kevinbeare.com

    email kevin.beare@kevinbeare.com

    • Terms and conditions
    • Copyright
    • Accessibility statement

    Kevin Beare & Co blog is proudly powered by WordPress
    Entries (RSS) and Comments (RSS).