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Small firm owners must be aware of new health and safety laws
Small business owners must be aware of the new Health and Safety (Offences) Act which has imposed tougher fines and prison sentences for business owners who are in breach of the regulations, warns the Association of Chartered Certified Accountants (ACCA).
Businesses found breaking the new regulations could face fines of up to £20,000, or in the higher courts, up to two years in prison. Under previous legislation, most breaches could be sanctioned by a fine of up to only £5,000.
"Importantly, no exemption is provided for small businesses, the self employed, or those buying business from other companies," said John Davis, head of business law at the ACCA.
"The scale of the new penalty regime underlines the importance of businesses carrying out thorough risk assessments to identify all potential dangers that employees and customers might be exposed to at work."
Post Date: March 22nd, 2009
Businesses found breaking the new regulations could face fines of up to £20,000, or in the higher courts, up to two years in prison. Under previous legislation, most breaches could be sanctioned by a fine of up to only £5,000.
"Importantly, no exemption is provided for small businesses, the self employed, or those buying business from other companies," said John Davis, head of business law at the ACCA.
"The scale of the new penalty regime underlines the importance of businesses carrying out thorough risk assessments to identify all potential dangers that employees and customers might be exposed to at work."
Post Date: March 22nd, 2009
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