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Full impact assessments

An Impact Assessment (IA) is required for any proposal that imposes or reduces costs on businesses, charities or voluntary sector.  If having considered and analysed the options, the preferred option is likely to reduce or increase costs to dutyholders by £5m or more in any one year, or is less than £5m but is likely to be contentious[1], then a full IA is required.  Otherwise a short IA should be completed.

All full IAs, developed since April 2008, are also published on the Better Regulation Executive Impact Assessment Library.


Footnotes

²Contentious initiatives may include, for example, those that are likely to receive significant opposition from dutyholders and will lead to significant Government/Parliamentary lobbying and/or media attention.

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