Following an unprecedented period of political uncertainty after the election of the first hung parliament for decades, PCG (the professional association supporting freelancers, contractors and consultants) have welcomed the fact that the Conservatives and Liberal Democrats were able to put together a coalition to tackle the current economic crisis.
PCG believe that the members of the new Government will work together to address the issues faced by freelancers. In particular they will continue to encourage both parties to pursue the abolition or full review of the unfair IR35 tax, which hinders the ability of freelance workers to contribute to the UK’s economic recovery.
News of the new cabinet in the Conservative/Liberal Democrat coalition must be music to the ears of contractors and freelancers. So says Brookson, a provider of accountancy, tax advice and support services to contractors and self employed professionals.
Martin Hesketh, managing director of Brookson, said that the Conservative/Liberal Democrat coalition is potentially very good news for the flexible workforce. “In our view, the previous Government did not understand the flexible workforce and failed to recognise both the value of this workforce and the variety of populations within it.
“Both the Conservatives and Liberal Democrats have made some very positive noises recently about the flexible workforce and they need to create a fair and encouraging environment for such workers to operate in,” said Hesketh.
“We will be reviewing the coalition’s newly published policy document and looking forward to the forthcoming Queen’s speech, but we are optimistic about seeing something positive and supportive for contractors.”
Are you optimistic? Are you looking forward to £10,000 tax free income? How do you think the Con/Lib coalition will affect you?
