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Recent ONS figures have shown that the number of self-employed workers in the UK has fallen by 240,000 compared to this time last year.

The Association of Independent Professionals and the Self-Employed (IPSE) believes that this just shows the ‘devastating impact of the gaps in support’, reflecting the urgent need for better support for everyone within the self-employed sector.

Derek Cribb, CEO of IPSE, commented, “We see today that the number of self-employed has fallen to 4.56 million, wiping out the growth of the last five years. This shows the devastating impact of the gaps in government support for the self-employed during the first wave of the pandemic.”

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Cribb added, “It is deeply concerning that as we move into the second wave, the government has not only failed to plug the gaps in support that caused this decline: it has also reduced the support for eligible self-employed people. In locked down areas, the self-employed can claim only 20 per cent of their earnings from government, compared to 67 per cent for employees – an even more glaring disparity than before.

“Today’s figures should be a loud alarm bell for government that its policies have undermined the economically vital self-employed sector. In times of recession the self-employed are key to driving recovery, government choices mean the sector is now struggling to save itself, let alone the economy.

“We urge the government to make sure all self-employed people affected by the pandemic (including previously excluded groups) can access a comparable level of support as employees. If this economically essential sector is to drive recovery further down the line, the self-employed urgently need more and better support now.”

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 £125 + 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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