By: digital@optionis.co.uk

National Infrastructure Commission could be good news for contractors

George Osborne’s Conservative Party conference speech included his announcement of the plans to set up a National Infrastructure Commission, a move which has been welcomed by the Association of Independent Professionals and the Self Employed. The organisation’s policy director, Chris Bryce, has welcomed the move, applauding the government for taking positive action when it comes to a long-term strategy for road and rail investment.

The commission will be responsible for delivering world-class infrastructure across successive governments, ensuring that the commitments entered into will be seen through no matter which party is in power in the future. As one of the things that IPSE had included in their manifesto before the general election, the body is reassured to know that the Conservative government recognises the importance of putting proper measures in place to make the UK’s infrastructure viable for those who live and work here, particularly those who work for themselves.

The Chancellor’s speech was intended to provide reassurance for the business community as to the nature of their plans, and what they did say was largely positively received. However, there will be some concerns amongst contractors and the self employed as to the lack of references to some of the issues which have been at the forefront of their concerns, such as the potential simplification of the tax system and reducing the cost of doing business in order to support smaller operations.

Mr McVicker is also hoping that local councils will begin to recognise the importance of contractors, freelancers and other flexible workers to the economy by ensuring that business rates are affordable and providing workspaces for people, such as business hubs and shared office space. With entrepreneurial communities relying on the backing of councils and supportive initiatives, it is vital to ensure that those who wish to make a success of their businesses are given the opportunities they need to do so.

If you want to know more about working for yourself, then our contractor case studies can give you some valuable insight into how you can make things work as an independent professional. Our take home pay calculator will help you to work out how much you could be earning and our guide to starting a limited company will help you to decide whether it’s the right option for you.

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