Taylor calls to look at self-employed taxation

A question and answer forum allowing the head of the Taylor Review to speak openly -- and beyond the remit he was given -- has been welcomed by a freelancers’ support group.

The Association of Independent Professionals and the Self-Employed also said the comments yesterday, by Matthew Taylor to a committee probing his review, reinforced its own beliefs.

In particular, more should be done to promote the uptake by the self-employed of pensions, and the issue of employment status should be addressed, as Mr Taylor said, and IPSE wants.

And, “although not part of his original remit for the Review,” the RSA boss “is right to call for a more considered approach to the taxation of the self-employed,” the association said. 

His call is likely to please another supporter of the self-employed, the Low Incomes Tax Reform Group. Speaking before the review, LITRG hinted that its terms should have permitted a focus on taxation, because it is “intertwined” with working practices – what Mr Taylor had to focus on.

Mr Taylor’s suggestion yesterday to a Work and Pensions Committee’s inquiry (co-run with the business department), could result in an Autumn Budget announcement to relook at the liabilities that different types of independent workers pay to HMRC. 

But IPSE’s Simon McVicker wants a bold approach on November 22nd, not a chancelor tinkering with the tax system.

“Instead of damaging piecemeal changes, it’s time for the government to commission a comprehensive review of how we tax this vital and growing part of our economy,” he said.


11th October 2017

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