Directors Income Support Scheme (#DISS)
I drafted this policy to assist the govenrment in helping those limited company directors who had been left without meaningful support during the Coronavirus pandemic. There had been a problem with providing help to these directors because of the problem in quantifying dividends. I came up with an alternative, to use trading profits, and drafted a policy to help the government understand how they could implement the policy. Despite working with the Financial Secretary to the Treasury (FST) - Jesse Norman and officials from HMRC and HMT, the policy was not adopted in the end. I worked with the campaign group #ForgottenLtd, the FSB and the ACCA.
Targeted Income Grant Scheme (#TIGS)
I moved on from the DISS policy to draft a policy to help a wider sector of the self-employed who had been excluded from meaningful support during the Coronavirus pandemic. Working with the Gaps in Support All Party Paliamentary Group (APPG), I drafted the TIGS policy and submitted it again to the FST. Working with the FST and his officials we managed to include a further 600,000 self-employed people into the Self-Employed Income Support Scheme (SEISS).
Mulitple coverage in the Financial Times, The Daily Express, The Daily Mail, etc...
This policy was drafted to help the government bring forward regulation for umbrella companies and to protect the umbrella company worker.
17 May - The Guardian - Hidden cost of umbrella companies in UK may cost £4.5bn a year
18 May - The Yorkshire Post - Chancellor-must-regulate-umbrella-companies-which-are-cheating-taxman-and-workers-out-of-billions-of-pounds
19 May - The Financial Times - Umbrella Companies need to be regulated