Stannah Lifts Holdings Limited is very pleased to announce the acquisition of its Norwegian distributor, Access Vital – part of the Access AS Group.
Stannah launched in Norway 30 years ago, when Brian Stannah appointed Dagfinn Nyborg, now a major shareholder of the Access AS Group as the national distributor. As well as distributing Stannah stairlifts in Norway, Access Vital also sell platform lifts and rollators to the Norwegian government and commercial contractors, as well as exporting their own design of rollator overseas.
The “Active” and “Breeze” rollators are beautifully designed walking aids for indoor and outdoor use, light and strong they are highly portable and versatile.
The acquisition of Access Vital which will continue to be known as Access Vital, represents the tenth subsidiary business that Stannah has established overseas in the past 18 years – the first being Stannah Inc in 1992 in the USA.
Commenting on the acquisition, Brian Stannah, Joint Chairman of Stannah Lifts Holdings, said “We are delighted to have acquired Access Vital after the long and strong relationship that we have had with the company over the past 30 years. We are looking forward to working with the Access team to build on their success and further grow the business in the future”.
Friday, September 03, 2010
Thursday, September 02, 2010
Sports clubs for the disabled are missing out on a multimillion-pound tax boost in the run-up to the Paralympics, London 2012 sponsor Deloitte has said.
For smaller-level local clubs, the average CASC saving is around £3,700 annually, according to Deloitte, which provides London 2012 management consulting and financial support services. This is a missed opportunity as "relatively few" amateur clubs take this step despite cash being a "precious commodity, often in short supply," Heather Hancock, lead partner for London 2012 at Deloitte said.
British Paralympic Association chief executive Phil Lane said disability sports clubs need to be thinking about getting "in the best shape possible to make the most of the interest the Paralympic Games in London will generate".
Currently around 2,000 disability sports clubs are registered with Parasport, a website set up in 2006 by Deloitte and ParalympicsGB to provide information on disability sport facilities across the UK. It gets around 25,000 hits a month with half of those visitors using the "Find a Club" search. If just 10% more of these clubs registered as CASCs and a further 10% as charities, they could realise £7.5 million of tax savings between now and 2012.
Ms Hancock said: "Many clubs are not taking advantage of the financial reliefs currently available to them. The 2012 Paralympic Games in London represent a great opportunity to generate more support for disability sport and to boost participation at a local level.
"Disability sports clubs should ensure they're in the best financial position to take advantage of the increased interest. A significant revenue boost to disability sports clubs would help them increase participation levels by improving facilities, increasing the number of sports on offer and so on. More people with disability playing and getting competitive in sport is exactly the kind of long-term legacy benefit from hosting the Paralympic Games that we're all keen to see."
Mr Lane said: "I would urge clubs to see if being a CASC or charity would work for them, there is plenty of support and guidance available to make an informed decision and they can now access this through Deloitte Parasport."
The "vast majority" of amateur sports clubs would already meet the charity or CASC qualifying criteria but each club would have to consider which option is best for them. Extra administration work, such as preparing a trustees' annual report and accounts, will come with being a registered charity.
But Karen Potts, partner in the tax practice at Deloitte, said: "The administrative obligations for CASCs are less stringent, which means the scheme may be a preferable alternative to those clubs with a small organising committee or management. Whichever route is chosen by an individual club, the financial benefits of either charitable or CASC registration are clear and should be considered by all amateur sports clubs as a means of boosting available resources."