With the Covid-19 pandemic likely to significantly impact upon prisoners' chances of securing PAYE work on release, we believe that self-employment is a crucial area for Prison Governors to focus on. A recent survey amongst residents at HMP Thameside found that 20% of its residents had been self-employed prior to coming into prison (including those working in the construction industry) and 60% were interested in pursuing self-employment on release.
Our new remote self-employment service consists of:
An initial 45 minute phone call with a RIFT Business Start-Up Specialist who will discuss the resident's self-employment plans in detail and who will provide expert advice and guidance on what steps they should start thinking about in preparation for commencing their business on release
An in-cell workbook for the resident to complete focusing on topics such as: business insurance, funding, competitor research, pricing, and marketing. Once this workbook is completed and posted to us, we provide constructive and comprehensive feedback on what they have written and encourage ongoing communication until release. They will also receive an IOEE certificate for having completed the workbook. We will send them advice, tips and extracts from relevant publications in order to encourage them to continue focusing on their self-employment plans
Upon release they will receive unlimited support from a RIFT Business Start-Up Specialist/Accountant during their first year of trading and we will provide regular feedback to the prison regarding what progress they are making
The support on release includes: 12 months free business banking, a free mobile phone and sim card when they register their business with HMRC, access to a specialist insurance broker, free business cards, support with website development and free advertising of their business on our website
We will complete their first Self-Assessment tax return for them free of charge, teaching them how to do it for themselves the following year.
Contact: Andy Gullick, contact@riftse.co.uk