Brexit Articles

How Brexit Will Affect Contractors
marketing | 12 February 2019
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Brexit day is fast approaching and there is little certainty over how the negotiations will turn out.

Whatever happens, Brexit is likely to impact contractors in the UK. There may be some benefits in the short and long term, but many contractors are also likely to face some restrictions on their work.

In this blog post, we investigate the most likely Brexit outcomes and how they will affect contractors in the UK.

Corporation tax cut: Finally some good post-Brexit news

Much of the business news to come out since Britain took its decision to leave the EU has had a gloomy edge to it. The results of a YouGov poll released on Thursday showed that the number of businesses pessimistic about the future had almost doubled from 25% before the referendum to 49% afterwards.

Also earlier this week, the Federation of Small Businesses (FSB) urged political leaders to step up, after their small business confidence index slipped to a four-year low. 

Brexit and Budget 2016: how motorists may be affected
marketing | 8 March 2016
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With Mr Osborne set to deliver his 2016 Budget in less than a fortnight’s time and with debate roaring over Brexit, what are the possible implications for contractors and other business drivers?

In February, the BVRLA – the trade body for the car leasing industry – claimed that since 2010 the government’s company car taxation policies have exposed road users and indeed society as a whole to dirtier, more dangerous vehicles. Gerry Keaney, the BVRLA’s Chief Executive, labelled Mr Osborne’s “series of tax increases as both unfair and unsignposted”, pointing to 30,000 fewer employees who have chosen company car packages over the last five years.

Contractor confidence slips to record low
marketing | 7 September 2017
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The latest Freelancer Confidence Index, measured by the Association for Independent Professionals and the Self-Employed (IPSE), has shown the poorest outlook on record in the second quarter of 2017.

Despite a continuation of high day rates for contractors, the survey showed that only 19% of freelancers were confident about how their business would perform over the next year. This was down a whopping 9% on Q1 2017. 

‘Punishment budget’ dropped after Brexit vote

The Chancellor George Osborne has withdrawn plans for an emergency ‘punishment’ budget - that could have resulted in higher taxes and lower levels of public spending - in the wake of the referendum vote for Brexit.

This spells good news for contractors, who have been stung as a result of several recent budget statements from the current Chancellor...