Raising Corporation Tax and NIC to pay for partial support during Covid-19 would be ‘unjust, uneconomical and unbelievable’, says the IPSE.
The Association of Independent Professionals and the Self-Employedbelieves that it would be unfair for the 1.5 million forgotten self-employed to have to contribute to support that they didn’t even receive.
Andy Chamberlain, Director of Policy at IPSE, commented, “The last few months have financially hammered the self-employed, with over two-thirds seeing a drop in demand for their work. Government support was some help – to a proportion of the self-employed. More noticeable, though, was the 1.5 million who fell through the gaps, leaving many financially devastated.”
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Email Jaime“The idea that this 1.5 million should now suffer a drastic tax hike to pay for support they never got is unjust, uneconomical – and unbelievable. If the government is really considering this, it must stop now.
“Normally, the self-employed would be expected to play a major part in recovery during an economic crisis. This quarter, however, we have seen the biggest drop in self-employed numbers on record. If the government wants to avoid the country slumping further into recession, it must not squeeze this struggling and vital sector with unjust tax hikes.”
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