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Treasury spokesman tables amendment to Finance Bill

Paystream News

Tuesday 19th Apr, 2016

In a bid to secure a strategic review for contractors a MAJOR political party has tabled an amendment to the Finance Bill which has called upon the Chancellor to report back in six months.

PRISM have been actively campaigning for a review for some time now and it’s this campaigning that has led to SNP Treasury spokesman, Roger Mullin getting involved with their quest.

The aim of the review is to give official recognition for contractors and the way they work for the first time, as workers have historically been forced into one of two categories - employed and self-employed.

Mr Mullin's amendment reads: "The Chancellor of the Exchequer must conduct a strategic review of the impact on workers defined as providing services through intermediaries of their treatment for income tax purposes, including the differential impact on different types of worker, and must publish the report of the review within six months of the passing of this Act."

Crawford Temple, CEO of PRISM, said: "Roger Mullin and his SNP colleagues have recognised the desperate need for a strategic review and it is fantastic that Mr Mullin has tabled the amendment. The way people work in Britain has evolved over many years and government in the way it treats people for tax and other purposes has not kept up. The flexible workforce is one of the best things about the labour force in the UK and it is key to our future economic strength."

Crawford also went onto say "This third way of working cannot be ignored any longer. We cannot go on any more with a two-sizes-fit-all system when the country would benefit wholesale from the rules, laws and regulations being brought up to date to recognise the entrepreneurial strength of contractors."

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