AAT responds to Conservative Party’s victory

Following the Conservative Party’s victory at the 2019 General Election, the AAT has responded.

Mark Farrar, Chief Executive of AAT, said, “With the canvassing, polling and counting now behind us, it’s time for the work to restart again. We can but hope that the Conservative Party will now deliver on its pre-election manifesto, for the benefit of workers, students and small businesses throughout our nation.

“As part of a new £3 billion National Skills Fund, the Conservative manifesto announced a positive step in its “Right to Retrain” programme. Many working adults – especially those wishing to start their own business – will require new skills at various stages in their career, not least in order to keep up with the pace of technological change.”

Farrar added, “We hope that funding for the programme reflects the requirements of a diverse and flexible workforce, and that it works for the benefit of both public and private sectors.

“Boris Johnson’s party has also promised to ‘review and reform’ Entrepreneurs’ Relief. The relief in its current form is expensive and misguided, and does not meet its policy objectives in attracting and growing new businesses – it is mostly utilised by business owners to do nothing more than sell-up rather than invest. We hope that Boris Johnson will prioritise reform in this area, as well as urgently carrying out a fundamental review of business rates.”

To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.