Post election speculation rife amongst contracting experts
Amidst the wealth of campaign information provided by the main parties, attempts to win hearts and minds on the part of the leaders and a plethora of pledges coming from all directions, it seems certain that life post-election will be significantly different to that we are enjoying now. With the chances of a coalition seeming more and more likely, this further muddies the water as the election pledges made by the main parties will likely have to be adapted and altered in order to form an alliance in the hours following the count.
Simon McVicker, director of policy and external affairs at the Association of Independent Professionals and the Self Employed is finding it tough to predict the outcome of this election, and believes it may be the hardest call he has ever had to make on who will come into power. He thinks that the outcome will inevitably require a high level of communication between the new incumbents and the organisations that represent independent professionals such as IPSE. However, he believes that whichever part y is elected, the rise in self employment will continue, using the example of the ‘anti-business’ government which came to power in France to show that independent professionals will not be cowed by a set-back such as this.
Mr McVicker believes that much of the hard work has already been done when it comes to making the needs and wants of the freelance workforce known, as evidenced by similar situations elsewhere in Europe, notably France. He also noted that the time to influence the major parties’ approach to the self employed had passed, highlighting the work that IPSE and other similar bodies had done over the past four to five years in an attempt to make politicians understand the needs of those who work for themselves.
Most of the party leaders have made pledges directly aimed at independent professionals, as evidenced by the IPSE magazine spread which featured all the main party leaders, with the notable exception of Ed Milliband, talking about their plans to improve the lot of the self employed workforce. The main parties have all made promises which could affect contractors, but whether that will be to their benefit is yet to be fully understood. However, with a general feeling that the economy is improving and that there are plenty of opportunities for contractors, the future is far from bleak for those who work for themselves.
If you are considering a change and want to take advantage of the flexibility of freelancing or contracting, then we have plenty of resources to help get your started. From our take home pay calculator which can help you estimate your income as an independent professional, to our guide to contractor expenses which can make it easier for you to understand what you can and cannot claim when you work for yourself.
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