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A latest report from the Office of National Statistics has shown that inflation fell from 2.7 per cent to 2.4 per cent between August and September.

The fall is largely driven by lower prices for food and non-alcoholic beverages and will come as great news for the UK’s self-employed sector.

However, the Association of Independent Professionals and the Self-Employed (IPSE) is warning that government IR35 tax policy is still a major worry for the self-employed.

Andy Chamberlain, IPSE’s Deputy Director of Policy, commented, “The drop in inflation will be welcomed by many across the UK because it means that people will feel more money in their pocket. That means income, in real terms, is higher.

“IPSE’s freelancer Confidence Index, a quarterly survey which tracks the income, confidence and attitudes of the self-employed, has shown a moderate decline in earnings this year. Despite this, business confidence has returned to positive values. Perhaps this can partly be explained by the greater than expected dip in inflation.

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“It’s good news for the self-employed and the wider country that inflation is falling towards the Bank of England’s target rate of two per cent. However, there are dark clouds on the horizon. There is still no clear plan to mitigate any effects of Brexit on the self-employed, and government policy on IR35 is highly likely to slow down growth in the sector.

“The government should prioritise the wellbeing of the self-employed sector as we enter this crucial time for the economy. That means reversing its position on IR35 changes in the private sector, or, at the very least, delaying any changes until 2020 at the earliest.”

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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 or

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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