As a leading private occupational health provider in London, Fleet St. Clinic is pleased to see the recent developments in UK Government policies regarding occupational health services.
The latest Budget announcement in March 2023 included the launch of a new occupational health subsidy pilot program with tax incentives proposal. This government program is aimed at supporting small and medium-sized enterprises (SMEs) in England with the cost of purchasing occupational health services to improve the health and wellbeing of their employees. This is part of the government’s focus on improving employee health and wellbeing and reducing absenteeism.
The proposed tax incentives for businesses that invest in occupational health services are a welcome development. As many London-based businesses are struggling with the ongoing challenges of the pandemic, it’s important to recognise the importance of maintaining the health and wellbeing of the workforce. This program will incentivise businesses to prioritise employee health, which will have positive impacts for both the employee and the business as a whole.
Employer-led occupational health services can reduce health-related inactivity by identifying, monitoring and preventing health problems in the workplace, supporting employees to remain healthy and happy in work. Around half of UK employees currently have access to occupational health services, which is lower than some international comparators.
In addition to the proposed tax incentives, there have been calls to make occupational health services tax-exempt. This would further encourage London-based businesses to invest in occupational health services from providers such as us, Fleet St. Clinic, and support the growth of businesses in the UK. It would also make it more accessible for businesses of all sizes to access these services to improve the health and wellbeing of their employees.
The focus on occupational health has also been highlighted by the John Lewis Partnership, which has launched a new initiative called “Working Well” aimed at improving the mental health and wellbeing of its employees. This is a great example of a business taking proactive steps to support the health of its workforce, and it is encouraging to see more businesses in the UK following suit.
It’s important to note that occupational health services from Fleet St. Clinic aren’t just about responding to workplace injuries and illnesses. They can also be proactive in preventing health issues from arising in the first place, such as through health screenings, workplace medicals, health promotion programs, and ergonomic assessments. These preventative measures sit alongside more formal methods of occupational health services such as management referrals and mandatory health surveillance.
By investing in occupational health services in London, businesses can reduce absenteeism, increase productivity, and create a healthier and happier workforce.
The recent announcement about plans to expand occupational health services and workforce is also a positive development for businesses in London. This will help to address the shortage of occupational health professionals and ensure that businesses can access the high-quality services they need from providers like Fleet St. Clinic to support the health and wellbeing of their employees.
One potential barrier to accessing all occupational health services in the UK is the value-added tax (VAT) that is currently applied to some services that are seen as screening services rather than services that support the health and wellbeing of the employee. However, there have been further discussions about exempting all occupational health services from VAT, which would make them more affordable and accessible for businesses of all sizes.
In conclusion, as a leading private occupational health provider in London, Fleet St. Clinic is pleased to see the recent developments in government policies and business initiatives regarding occupational health. The focus on supporting SMEs, tax incentives, and VAT exemptions will make it easier for London and England-based businesses to access the services they need to maintain the health and wellbeing of their workforce. It is important to remember the potential benefits of investing in occupational health services from providers such as Fleet St. Clinic, London and the positive impact they can have on both employees and businesses.
If you’d like to start the conversation about how we could support your employee’s health, fill out the form below and we’ll propose suitable services for your consideration.
Related services available at Fleet Street Clinic
Continued reading about the new UK Government Occupation Health Budget Proposals:
Tax exemptions for employer health related interventions
Research & Analysis Report: Incentivising SME uptake of health and wellbeing support schemes
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