New Small Business Commissioner challenged to tackle tax to truly champion small business…
Following the appointment of former Conservative MP Paul Uppal as the UK’s Small Business Commissioner, leading contractor tax adviser, Qdos Contractor of The Qdos Group, has urged him to prioritise working with Government to build a fairer tax system for the UK’s 4.8m self-employed – a move which would truly champion UK small business.
As Commissioner, Mr Uppal will lead an independent office tasked with empowering small business. As well as tackling the UK’s late payment epidemic by helping ‘drive a culture change in payment practices’, Qdos Contractor has encouraged him to review the true impact the current tax system is having on freelancers, contractors and the self-employed.
Qdos Contractor research into over 700 UK freelancers and contractors highlighted:
– 95% of freelancers surveyed believe the Government is reducing the benefits of working self-employed
– 65% do not believe the UK has the most pro-contracting Party in power
– 63% would like to see Government prioritise building a fairer tax system
Qdos Contractor CEO Seb Maley, commented:
“The newly-established post and appointment of a Small Business Commissioner marks an important step in the right direction. It sends a signal from the Government that they are actively looking to improve the landscape for freelancers and contractors. We’d like to welcome Paul into his role and hope to work with him going forward.
“We firstly encourage Paul to put forward the case for a rethink around how the tax system affects those brave enough to strike out alone and work independently. Recent and potential IR35 reform and the slashing of tax-free dividend allowance have led to 95% of freelancers to believe the Government is reducing the benefits of working independently.
“The Government must work to win back the support of the self-employed. For Britain to be the best place in the world for new entrepreneurs, we need a tax system which works for everyone, and takes into consideration the added risk and lack of security that this way of working brings.”
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