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Equality Bill

Part of the debate – in a Public Bill Committee at 11:31 am on 9th June 2009.

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Stephen Alambritis: We are very relaxed about this aspect of the Bill. As you know, it applies to companies with more than 250 staff. That is 9,000 companies in total out of a company ratio of 5 million in the UK. We have a pyramid system. We have millions of tiny small businesses and just a few thousand very large companies. The vast majority of small firms would be excluded from this, so we are very pleased with that aspect. It could be that some of the costs would be passed on through the fees from organisations like Sage and through the accountancy profession. But small firms would be completely and totally excluded from the imposition, and we are very pleased. We lobbied for that and got it.