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Simon McVicker, IPSE's Head of Policy and External Affairs said: "Ahead of the General Election next May, the Autumn Statement presents the perfect opportunity for George Osborne to show how serious the Conservative Government is about supporting Britain's 4.6 million self-employed people.
"The policy proposals we are recommending will deliver a simpler tax system, a flexible pension scheme, a fairer approach to training and most importantly, a level playing field for independent professionals."
The key policy proposals submitted by IPSE include:
- Setting up an expert body to examine how a merger of income tax with national insurance contributions can be delivered
- Creating an optional 'Freelancer Limited Company' structure within the tax system
- Training for new skills should be made tax-deductible to assist those looking to build 'portfolio careers'
- Cutting business rates for workhubs
- Introducing a pension scheme which allows the self-employed to withdraw the last two years of contribution without a penalty
Autumn Statement
Chancellor George Osborne outlines his economic projections and fiscal policies for the coming 12 months in the Autumn Statement on Wednesday, December 3, 2014.
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Susie Hughes © Shout99 2014
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