IPSE welcomes the election of Liz Truss as Prime Minister

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IPSE (the Association of Independent Professionals and the Self-Employed) has today responded to the election of Liz Truss as leader of the Conservative Party and Prime Minister by welcoming her leadership and reminding her of her pledge to launch a review into IR35.

Andy Chamberlain, Director of Policy at IPSE, says: “IPSE looks forward to working with the new Prime Minister and her cabinet. The country faces a number of problems, and we hope that she outlines her plans to tackle the cost-of-living crisis, as well as the many issues facing thousands of freelancers and small businesses such as IR35, employment status, and Managed Service Company legislation.

“We also look forward to working with Truss on the promised review of the dreaded off-payroll working rules: IR35. These rules are destroying businesses and holding back the economy - and they need to change now.

“During the leadership race Truss talked about ‘tackling orthodox Treasury thinking’. If this review is to deliver meaningful change – which previous reviews haven’t – she will need to do exactly that: challenge the thinking that has led to this wretched legislation being enacted. If she makes real progress on this issue, she will achieve something that the previous three Conservative Prime Ministers couldn’t, enabling one of the most dynamic and innovative parts of the UK economy to thrive.”

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IPSE is the leading association for contractors, consultants, interims, freelancers and the self-employed. We strive to bring our members the most comprehensive and useful range of information and services and all the latest news about what affects your business.