WAPI News

SIA are raising the license fees

News release today that the SIA are raising the license fee for all
licensable activity from £190. to £245. on the 6 April 07. By the
time investigation is licensed it could well be a lot more.

A link to the RIA on this is provided for interested members:
http://www.homeoffice.gov.uk/documents/ria-sia-industry-licence-fee

SIA Licence Application Fee Set to Rise

On 6 April 2007 the Security Industry Authority (SIA) licence
application fee is expected to rise from £190 to £245. The new fee
would apply to licence applications for all licensable sectors
throughout England, Wales and Scotland.

The Home Office today published a Regulatory Impact Assessment (RIA)
that outlined an intention to raise the licence application fee,
demonstrating that an increase is needed to enable the SIA to meet
its need to be self-funding, and to continue achieving the
objectives of licensing. The RIA illustrates an increase in the
licence application fee is necessary because SIA income from
licensing has been less than expected. The shortfall stems from
unreliable and unavailable data gathered in 2002/03, before the
start of licensing, and from changes taking place across various
industry sectors.

Licence renewal applications can be made up to four months in
advance of licence expiration and, if received by the SIA before the
intended increase on 6 April 2007, will be processed at the current
fee of £190.

To enable the SIA to be self-funding the new fee of £245 has been
planned in consideration of the future licensable population (using
more reliable data now available), the likely churn rate across the
private security industry and SIA running costs. The SIA will move
towards reviewing the licence fee on an annual basis.

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