Responding to measures announced at today’s Autumn Statement, IPSE (the Association of Independent Professionals and the Self-Employed) has welcomed cuts to self-employed National Insurance contributions, despite warning that this may not be enough to win the sector’s favour.
Andy Chamberlain, Director of Policy at IPSE, said: “We’re pleased the Chancellor has recognised the vital contribution of the self-employed sector to the UK economy, backing this with a cut to Class 4 National Insurance.
“The abolition of Class 2 NI is a welcome simplification and will particularly benefit the self-employed on low incomes.
“Whilst it’s a welcome relief to feel there is some support on offer from government, the self-employed sector is still reeling from gaping gaps in support during the pandemic and the implementation of the off-payroll working rules, which have had a devastating impact on hundreds of thousands.
“Today’s announcement is a welcome step in the right direction, but the government still has much more to do to win back the support of the sector.”
Become a member
Ensuring your voice is fairly heard
We communicate the issues important to you, to the highest levels of government. Campaigning on your behalf for 25 years - we get your voice heard and make change happen.
Latest self-employed news and opinions
The Autumn Budget introduced significant changes to Inheritance Tax (IHT) that could impact your estate plans — particularly for self-employed professionals who r...
Small businesses often struggle with expensive and ineffective marketing options. Could athlete sponsorship offer the solution?
Fred Hicks looks at the problem of late payment for freelancers and weighs up whether the government's new Fair Payment Code will make a meaningful impact on the ...
