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With the announcement that Liz Truss is the UK’s new Prime Minister, representative groups are highlighting the key priorities that should be at the top of her agenda.

The Association of Professional Staffing Companies (APSCo) believes that Truss needs to focus on supporting the UK’s economy to balance the impact of the pandemic, Brexit and the roll out of Off-Payroll.

The APSCo is suggesting:

  • An Employment Bill to ‘help bring regulation of the recruitment market and umbrella companies in line with 21st century needs’.
  • Creating a truly Global Britain by focussing on skills, the workforce and the mutual recognition of services and the professional qualifications, as well as tariffs and goods. And, the process by which self-employed contractors obtain visas should be simplified.
  • Tackle skills shortages.

Tania Bowers, Global Public Policy Director at APSCo, commented, “The country has experienced change on a huge scale in the last few years as a combination of Brexit, IR35 and the pandemic changed the world of work as we knew it, with the impact of continued global economic uncertainty and rising inflation adding to this difficult climate.

“With the new Prime Minister now in place, we believe it is crucial that the employment and skills agenda is moved back up the list of priorities. The UK economy is facing a wealth of struggles from the cost-of-living crisis to concerning skills shortages and staff strikes across a range of sectors. A huge number of these challenges can be alleviated to some extent by a stronger and more dynamic labour market – an ideal that APSCo and its members are well-placed to help achieve.”

Thinking of appointing Dolan Accountancy?

Give us a call on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.

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The IPSE (the Association of Independent Professionals and the Self-Employed) is also reminding the new PM of her pledge to launch a review into IR35.

Andy Chamberlain, Director of Policy at IPSE, said, “IPSE looks forward to working with the new Prime Minister and her cabinet. The country faces a number of problems, and we hope that she outlines her plans to tackle the cost-of-living crisis, as well as the many issues facing thousands of freelancers and small businesses such as IR35, employment status, and Managed Service Company legislation.

“We also look forward to working with Truss on the promised review of the dreaded off-payroll working rules: IR35. These rules are destroying businesses and holding back the economy – and they need to change now.

“During the leadership race Truss talked about ‘tackling orthodox Treasury thinking’. If this review is to deliver meaningful change – which previous reviews haven’t – she will need to do exactly that: challenge the thinking that has led to this wretched legislation being enacted. If she makes real progress on this issue, she will achieve something that the previous three Conservative Prime Ministers couldn’t, enabling one of the most dynamic and innovative parts of the UK economy to thrive.”

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

Why Thousands of Contractors Choose Dolan Accountancy

With over 25 years experience in contractor accountancy helping thousands of contractors, freelancers and the self employed, Dolan Accountancy has the specialist skills, 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 £105 + VAT. This gives you the flexibility of using both our Limited Company Accountancy Services and our award winning Umbrella Service, for one inclusive cost.

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 795 100 or email sophie.lewis@dolanaccountancy.com or jaime.thorpe@dolanaccountancy.com.

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 IR35 Legislation changes 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 – 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
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