FSB: All political parties should support self-employed

Tuesday 9 May 2017

All political parties should provide support to self-employed individuals across the UK, the Federation of Small Businesses (FSB) urged. 

The group has put forward a manifesto titled Small Business, Big Ambition to protect the the country’s small business community. As part of this, it set out over 30 steps the government should take in order to secure a Brexit deal that suits companies and creates an even playing field. 

The plan includes creating small business export vouchers as well as tax credits to help small firms work with new markets, guarantee the rights of EU citizens to stay and work and make particular examples of supply chain bullying illegal. 

Other suggested policies from the FSB include commitments to co-funding apprenticeships in non-levy paying businesses in England for the next parliament and an independent inquiry to create a new approach to business rates for 2022. 

As well as this, the FSB wants to protect small firms on high streets and in communities from chains by introducing a small business version of the Asset of Community Value. 

The organisation also calls for better recognition of the welfare system and equal maternity pay, along with fairer treatment of those under Universal Credit. 

Both new and existing self-employed professionals have plenty of assistance available to them in the sector. In particular, contractor and freelancer accountants can help to take the stress out of financial admin and help people to accurately work out their take-home pay. 

FSB National Chairman Mike Cherry said: “The UK’s army of 4.8 million self-employed are the backbone of this country and should be recognised for the value they add both to the economy and their local communities.

“Small businesses and the self-employed will be vital to a successful post-Brexit economy. Politicians seeking their votes should be on their side and against hitting them with extra costs.”

The upcoming election will have a huge impact on the future for self-employed professionals, especially following the UK’s decision to leave the European Union.

Mr Cherry believes that Brexit will feature heavily in the election campaign, but wants to make sure it does not dominate the debate instead of key domestic issues for smaller companies.

He emphasised that the FSB manifesto outlines what small companies wish to see from major parties and candidates.

By Victoria McDonnell

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