Some companies face up to 12 visits a year from such bodies as Her Majesty’s Revenue & Customs (HMRC) or the Health and Safety Executive. Mr Clegg will suggest that this be cut down to a maximum of two annually.
Mr Clegg says that the Liberal Democrats support moves to reduce red tape and support “intelligent, effective regulation”. He will also criticise the previous Labour administration for introducing an average of six new regulations a day.
“The diehards will tell you that the Liberal Democrats share Labour’s love of regulation, that we are red tape-wielding zealots intent on gold-plating every new offering from Brussels – but that is absolute nonsense,” he will say.
However, Mr Clegg will mount a defence of some regulation saying that deregulation is not the “be all and end all for growth”, describing such a position as “ridiculous”.
“Where people have expressed support for regulation, we’re keeping it,” he will say. “Like with the hallmarking system for gold and silver. But, if it’s tedious and pointless, it’s going.“
“So, no more insisting that a shop selling kitchen descaler has a poisons license. No more having to pay for a piece of paper just to put on a little live music in a pub. Where there were twelve pieces of legislation on consumer rights, we’re collapsing them into one.”
The Government has already begun a plan to cut bureaucracy for businesses amid claims that the reforms have already saved British businesses £3bn. However, the British Chamber of Commerce said last month that new regulations had imposed £45m on businesses.
For more information, please contact Glazers, Chartered Accountants London or visit www.glazers.co.uk
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