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ARTICLE
CFOA calls for legislation to help protect businesses
10 April 2015
The Chief Fire Officers Association (CFOA) is calling upon the Government to provide an incentive for businesses to install fire sprinklers, by introducing a reduction in stamp duty in new or renovated commercial properties that are fitted with sprinklers.
The CFOA and LGA proposals estimate that a reduction in Stamp Duty would save the public purse £32 million, with a potential benefit to the UK economy of between £59 and £211 million. A copy of the document with cost breakdowns and outcomes of the proposals can be found on the CFOA or LGA websites.
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