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News

SIA and HMRC to work together to protect against security licensing problems

Security Industry Authority : 27 August, 2014  (Company News)
High risk industries such as construction will be protected from tax, licensing and immigration fraud with the "Buying Right" initiative set up by the SIA and the HMRC
SIA and HMRC to work together to protect against security licensing problems

Buying Right will see the SIA work alongside HM Revenue and Customs and UK Visas and Immigration, to help protect security buyers against risks such as immigration, tax, and security licensing offences.

From September, the SIA will be working with security buyers in the construction industry, where some security arrangements have been identified as high risk. With the support of HMRC partners, SIA investigators will be meeting with construction companies to offer advice and support on due diligence and best practice, and to ensure construction companies are procuring lawful security services.

Security buyers can lower the risk of working with unlawful security providers by only purchasing security from an SIA Approved Contractor.

SIA Chief Executive Bill Butler said: "Buying Right, allows the SIA to work with our partners to support businesses in developing their understanding of how to procure legitimate security services that help protect the public.

"There are a number of factors to consider when deciding whether a security company is providing labour legally and safely. A supplier’s hourly rate is one of the key indicators that this is the case, and this is where we can help security buyers understand their security purchase.

"Buying from our companies that are members of our Approved Contractor Scheme gives buyers further reassurance as to the quality and standards of a security supplier.

"With the support of our partners, we will help the construction industry improve the standards of their security provision, supporting legitimate businesses and driving out security companies that are operating outside of the law".

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