Businesses need government support if they’re to drive recovery and save jobs, says FSB

(2 minutes to read)

FSB: ‘It remains absolutely critical that measures are announced to help those left out by these various packages, in particular, the newly self-employed and company directors’.

In a speech to the Conservative Party Conference 2020, Rishi Sunak said that he wants to help small businesses to adapt while creating support and extending opportunities.

He also acknowledged the important role that smaller sized firms have played during the pandemic – this has been very much welcomed by the Federation of Small Businesses (FSB).

Responding to the Chancellor of the Exchequer’s speech, FSB National Chair, Mike Cherry, said, “Small businesses and entrepreneurs are key to adapting and evolving to the changing economic landscape and are crucial to job creation and growth.

“The past nine months have been some of the toughest periods small businesses have ever faced, and this doesn’t look set to end any time soon. One of the most important things is having a public health system in place that enables businesses to operate including a fully functioning test and trace system.

“Various packages of support have been issued since the start of the crisis back in the spring which have undoubtedly saved millions of jobs. As we approach the winter and the prospect of tougher restrictions on the economy, more help is going to be needed to avoid thousands of businesses and jobs going under.”

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Cherry added, “It remains absolutely critical that measures are announced to help those left out by these various packages in particular the newly self-employed and company directors. These individuals have been left with little or no income support for much of the year with little prospect in sight of a rebounding economy in the immediate future, the Government must address this area sooner rather than later.

“And with local lockdowns of varying degrees taking part right across the UK, it is vital that viable small firms impacted by curtailed footfall, curfews and forced closures are given the support they need to reopen again once measures are lifted.

“Looking to the Spring Budget, we hope the Chancellor will make a clear decision to go for growth, rather than removing money from the economy in the hope of a short-term balancing of the books.  We need to see creative ways of helping jobs and small firms while at the same time ensuring ordinary workers and firms aren’t slapped with tax hikes and rising costs which would only further damage the hope of a recovery. Small businesses are the backbone of the economy, but unless more support is issued soon, we could see this backbone collapse.”

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

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Why Dolan Accountancy?

Dolan Accountancy was set up by Simon J Dolan, the man behind the well-known brand SJD Accountancy. With over 25 years experience in the contracting marketing, Dolan Accountancy has the heritage, reputation and credibility you can trust. Working closely with our sister company, Contractor Umbrella, it means we can offer one low cost, fixed fee package at £95 + VAT per month. This gives you the flexibility of using both our Limited Company Accountancy Services and our award winning Umbrella Service, for one inclusive cost. We don’t believe in tiered packages or hidden extra fees, instead we aim to give you everything you need, including:

  • Free Company Formation – This is where it all begins. Once you have decided on an available name, we will form your company free of charge (if using our accountancy services) and it will be ready for you to use in as little as three hours.
  • Free use of Contractor Umbrella – With changes in Public Sector IR35 Legislation we understand that sometimes you are required to contract via an umbrella company. We will keep your limited company ticking over, while you work margin free via our sister company, Contractor Umbrella.
  • A Dedicated Accountant – Your accountant will be there for any company or personal tax advice that you require. We will never outsource work, even to internal teams.
  • Free Access to FreeAgent – The founder behind the multi award winning FreeAgent platform was one of Simon’s first clients, therefore it only seems fitting that we offer all of our clients access to FreeAgent, free of charge.
  • Free Business Banking – We have decided to waive our commission so our clients can use Tide free of charge for the first year.
  • Unlimited IR35 Status Reviews – We will review all of your contracts for IR35 purposes and provide you with our professional opinion as to its status.
  • Free Registered and Director’s Service Office Address – Sometimes you just don’t want your home address on display at Companies House. When you sign up to our accountancy services, we will offer the use of our address as an alternative.
  • Your Business and Personal Taxation Needs – This includes Company Accounts, Director’s Personal Tax Return, VAT Returns, Payroll, Corporation Tax and Dividend advice, to name just a few.
  • Same day payments- We offer same day payments as standard providing funds are received into our account by 9am, for no additional fee.

If you’d like to find out more about how Dolan Accountancy can help you and your business, please give us a call on 01442 795100 or email sophie.lewis@dolanaccountancy.com or jaime.thorpe@dolanaccountancy.com.

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