Security industry to enjoy a cut in fees

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A reduction in fees faced by house alarm frms, electral contractors, pub security staff, and other security companies has been welcomed by Laois TD Charlie Flanagan.

A reduction in fees faced by house alarm frms, electral contractors, pub security staff, and other security companies has been welcomed by Laois TD Charlie Flanagan.

The Private Security Authority (PSA) has to date licensed contractors in the cash in transit, door supervisor, security guarding and installer of security equipment sectors. Dep Flanagan said contractors had faced excessive costs.

“This issue was first brought to my attention last year by a number of electrical contractors in Laois that were facing levies in excess of €2,250 for a licence that would be valid for 2 years.

“These costs would have added an unnecessary burden onto these businesses and I am pleased that following my representations to the PSA that the review of the licence fee means that the contractors who operate across multiple sectors of the security industry will benefit from changes to the fee,” he said

The new fee structure is to be applied retrospectively from 1 January 2013. As a result, any contractor who falls into this category and who paid the higher fee in respect of an application made or licence granted on or after 1 January 2013 but who would now be eligible for the lower fee, will be refunded the difference. They will also benefit from the new lower revised fees structure.

The new fee structure follows proposals submitted to the Minister for Justice by the Board of the Authority and sees the turnover fee paid by contractors with a turnover of €300,000 or less reduced from €1,250 to €250.