• Home
  • IPSE releases new report of recommendations to upskill the self-employed

IPSE releases new report of recommendations to upskill the self-employed

(2 minutes to read)

The Association of Independent Professionals and the Self-Employed (IPSE) have released a report ‘Eight ways to upskill the self-employed’ with recommendations to balance a flawed training system.

The IPSE has made recommendations regarding the training system as they believe it is one that very much disadvantages the self-employed.

The report recommends:

  • Fixing the design faults in the New Enterprise Allowance (NEA) Scheme;
  • Introducing Adult Education Vouchers to incentivise lifelong learning among low-income groups;
  • Making apprenticeship levy funding available for employment agencies to subsidise training for the self-employed people they represent;
  • Making training for new skills tax-deductible for the self-employed;
  • Establishing a self-employment hub to improve signposting to trusted online training providers;
  • Ensuring the self-employed benefit from the new Flexible Learning Fund;
  • Introducing enterprise modules in higher and further education courses which produce more self-employed graduates;
  • Urgently reforming the Construction Industry Training Board (CITB) levy.

Imogen Farhan, IPSE Policy and External Affairs Officer, commented, “The current system for training both unfairly disadvantages the self-employed and flies in the face of the Government’s goal to create a flexible labour market capable of adapting to rapid technological advancement.

Confused by limited or umbrella?

Talk to an expert

“To level the playing field, our report, ‘Eight ways to upskill the self-employed’, provides a bold yet achievable strategy that will enable the self-employed – from all industries and walks of life – to invest in training at every stage of their careers.

“Catering for the breadth of self-employment, the report looks at how to help more vulnerable, low-income self-employed people progress in their careers, how to make training more affordable and how to help the self-employed fit training around unpredictable schedules. It also considers ways of preparing young people for self-employment and ensuring the construction industry has the skilled workforce it needs.

“In June, IPSE was delighted that the Government’s consulted on how to level the playing field in terms of the taxation of self-funded training. But with 4.8 million people now seeking the benefits of self-employment and the world of work undergoing significant shifts, more needs to be done to start enacting meaningful, positive change.”

To find out more about contracting please contact James on 01442 795 100 or email james.trowell@dolanaccountancy.com.

Sophie Lewis

By Published on 03rd September 2018

limited

You may also like to read

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.

dav1