The Security Industry Authority (SIA) is reducing its charges to individuals from next month as part of its commitment to drive down costs. From 1 October 2019, individual licences for all sectors will be reduced from £220 to £210. The reduction applies to both new applicants and those renewing existing licences. Licence holders applying for an additional licence after this date will pay 50% of the new reduced fee.
The licence fee has been set at £220 since January 2012. If adjusted for inflation over this period using the Consumer Price Index, the licence fee would be £257 as at March 2019.
Speaking about the move, SIA chairman Elizabeth France said: “We have held current fee levels for seven years, and I’m very pleased to now announce this reduction. We continue to seek improvements in the way in which we run the SIA and provide value for money for licence holders, Approved Contractors and the public.”