Bupa calls on government to remove employer benefits taxes

clock

Bupa is calling on government to remove current taxes that are stunting workplace health and support provision.

In its report published today, Getting Britain Fit for the Recovery, Bupa found if current taxes on workplace health were removed SMEs would see productivity gains of £282m a year.

And larger businesses, the report said, would see gains of £160m totalling a productivity increase of £443m a year for UK businesses.

Dr Natalie-Jane Macdonald, managing director of Bupa Health and Wellbeing, said: "Providers have a role to play in helping businesses to access this care in a sustainable and affordable way, however current taxes on these benefits mean huge potential benefits are being missed.

"We are calling on government to recognise that increasing access to early treatment and preventative healthcare is a clear win-win for government and businesses, and to remove tax disincentives that are acting as a barrier for employers."

Bupa added that overall cost in addition to tax implications were main concerns for businesses when considering workplace benefits.

Author spotlight

Nicola Culley

More on PMI

Neville Koopowitz, CEO of Vitality
PMI

Neville Koopowitz: What we really mean by 'Shared Value' health insurance

‘Our core purpose is more relevant now than ever before’

Vitality
clock 19 November 2021 • 4 min read
Women In Protection & Health Awards 2022: Full list of nominees revealed

Women In Protection & Health Awards 2022: Full list of nominees revealed

Championing Diversity & Inclusion

COVER
clock 16 November 2021 • 7 min read
COVER Protection & Health Summit 2021: Available to watch on-demand

COVER Protection & Health Summit 2021: Available to watch on-demand

Building Back Together

COVER
clock 11 November 2021 • 1 min read

Highlights

COVER Excellence Awards 2021: All the winners revealed!

COVER Excellence Awards 2021: All the winners revealed!

Leading With Distinction

COVER
clock 03 November 2021 • 2 min read
COVER Excellence Awards 2021: The Night in Pictures

COVER Excellence Awards 2021: The Night in Pictures

A photo gallery from COVER Excellence Awards 2021, held at The Brewery, London, on 2 November.

COVER
clock 03 November 2021 • 1 min read
Gosia Bowling: The role of behavioural science in creating a menopause-friendly workplace

Gosia Bowling: The role of behavioural science in creating a menopause-friendly workplace

'The key to supporting menopausal women is creating a culture in which conversations are welcomed and expected'

Gosia Bowling
clock 02 November 2021 • 6 min read