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Home > Tax incentives needed to promote training in the workplace
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27 February 2007  
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New research from the FPB has highlighted the need for a rethink of training in the workplace. At present, owners and managers of smaller firms, overly-burdened with excessive tax and regulation, find it difficult to pass on their skills to employees.

A survey of some 600 owners of smaller businesses showed that tax incentives could be a potential solution, with more than 70% of respondents answering yes to the question: ‘Should there be a tax incentive for employees who do not have professional qualifications to continue their professional development?'

Chief Executive of the FPB, Nick Goulding, said that tax incentives would allow employees to capitalise on the skills of their employers without hitting them in the pocket: "Owners of smaller businesses are highly capable individuals whose knowledge and skills are a tremendous resource. They are eager to pass on their knowledge to others and the Government ought to be capitalising on this.

"The problem is that the practicalities of running a smaller firm, including the masses of regulation and red tape, often get in the way. A tax incentive is the ideal way of reducing the pressure on employers' time, and promoting the idea of development to employees."

Mrs Cullen runs the Hambrook Meadows rest home in Chichester and thinks that the Government should do more to encourage training in the workplace. She said: "Any assistance from the Government would be welcome. The best sort of training takes place at the workplace, but smaller-business employers are so overburdened with administration and red tape that providing additional training without support from the Government can be very difficult."


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Tell us what you think about this issue. Email us at feedback@fpb.org

For further information, contact Matt Hardman at the FPB press office on 01565 626019 / 07775 756 306 or via email at matt.hardman@fpb.org



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