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The government has revealed that the New Enterprise Allowance (NEA) has helped over 200 new businesses launch each week.

Welcoming these figures, the Association of Independent Professionals and the Self-Employed (IPSE) is calling on the government to extend and promote the scheme better.

IPSE’s Public Affairs Manager and author of ‘Making self-employment work for disabled people’, Jonathan Lima-Matthews, explained, “The NEA is one of the most important tools in the armoury of a person starting out in self-employment. It is excellent to see so many people across the UK making use of it.

“Self-employment is a liberating choice for many groups who might not otherwise fit into the confines of a standard 9-5 office job – including disabled people and older workers. These figures show just how important the NEA is for these groups.

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“Part of the problem with the NEA is not enough people know about it. The NEA offers essential support for disabled self-employed in particular, and yet for some time uptake figures have been relatively low. These figures show that this is starting to change, but the government should still do more to promote it.

“Although early support for the self-employed is extremely welcome, it would also greatly help freelancers to firmly establish their businesses if NEA benefits and mentoring were extended to two years. This would be a big step towards securing the future of our growing and dynamic flexible workforce.”

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

Why Thousands of Contractors, Small Businesses and the Self-Employed Choose Dolan Accountancy

With over 30 years’ experience, Dolan Accountancy are award-winning nationwide accountants for contractors, small businesses and the self-employed. We have the specialist skills, reputation, and credibility you can trust.

Our all-inclusive packages cover everything you need, with no hidden costs.

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 lauren@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.
  • A Dedicated Accountant – Your accountant will be there for any company or personal tax advice that you require.
  • Free Access to FreeAgent – We offer all of our clients access to FreeAgent, free of charge.
  • Free Business Banking – We are partnered with multiple banking providers, several of which provide free business banking for the first 12 months.
  • 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, unlimited IR35 status reviews and Dividend advice, to name just a few.
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