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As part of our commitment to continually improve our service and to help our clients meet their legal obligations, we continue to update the Legal Registers on our website and provide free quarterly legal compliance updates to anyone who subscribes. The purpose of these updates is to ensure you stay up to date with any changes in your legal compliance obligations, our updates can also be kept and can be used as evidence that your business is staying up to date with any changes in the legislation, this can be very helpful at audit time.
The Standard Industrial Classification of Economic Activities (SIC) is a system used in the United Kingdom and other countries to classify businesses and industries based on their economic activities. The SIC system is used by government agencies, businesses, and other organizations to collect and analyze data on the economy.
The SIC system in the UK is currently in its 2007 version, and it includes 21 main sections, each of which is further subdivided into various classes and subclasses. Some of the main sections of the SIC system include:
Each business is classified according to its main activity, which is usually the one that generates the most income. The SIC code is used by various government bodies and agencies, such as HM Revenue and Customs, Companies House, and the Office for National Statistics, to collect and analyze economic data.
For the disposal of waste the company must know what their SIC code is and also must ensure that their SIC code is recorded on all waste consignment documentation.
For the receipt of waste consignments the company must know the SIC code of the waste producer and have it recorded on the waste consignment documentation.
Standard industrial classification of economic activities (SIC) - GOV.UK (www.gov.uk)
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Including our quarterly legal compliance updates that are a great resource for evidence for your ISO audits.
If you would like to know more about ISO Standards, Certification and the value of a good management system you can add to your business we would love to hear from you: Kent: 01892 800476 | London: 02037 458 476 | info@avisoconsultancy.co.uk