The figures in the table are compiled from the ImpactAssessments (IAs)  produced by government departments and downloaded into the British Chambers of Commerce IA Database.

All government departments are required to complete IAs that evaluate the risks, costs and benefits of any new regulatory proposal that has an impact on business. The figures show the government’s own estimates of the compliance costs of a series of regulations affecting business up to 1st July 2009. Half of all IAs claim that new regulations provide benefits to businesses, consumers or the environment.

However, historically these benefits are only quantified in the minority of cases. As a result it is difficult to calculate the total value of the benefits that it is claimed justify the costs.