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Latest figures show that in the run-up to the general election, employers’ hiring confidence dropped to the lowest levels recorded since the survey started in 2016, at net: -8.

According to the Recruitment and Employment Confederation’s findings, businesses had been holding back their hiring plans due to the uncertainty surrounding Brexit and the election.

The REC’s JobsOutlook report also revealed that business confidence in the UK economy stayed low this quarter, at net: -33.

With the election now complete and firms having greater clarity for 2020, the REC urges the new government to move quickly and deliver on a business environment for stability, investment and growth.

Neil Carberry, Chief Executive of the REC, said, “Many employers have been sitting on their hands for the past few months, putting off hiring until the outlook was clearer. Now that some of the fog has lifted, both business and the new government can put their plans into action. What we need to see from the government are policies that will help make great work happen – the first priority will be to secure our managed exit from the EU.”

Thinking of appointing Dolan Accountancy?

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

Email Jaime

Carberry added, “This is also not a time to be making sweeping and incomplete changes to how we treat flexible workers – the government should bring forward the review of IR35 it promised on the campaign trail, and delay implementation.

“Skills and labour shortages remain a huge concern for employers. Three quarters of firms are working at or near full capacity, and more than half are worried about finding enough candidates to fill permanent roles. These concerns cross a wide range of sectors including construction, engineering, education and healthcare. We need reforms to skills systems across the UK – including to the failing apprenticeship levy – but we also need an immigration system that is based on the needs of the economy at all levels.”

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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