FSB Pushes For ‘Culture Of Entrepreneurialism’

 

The Federation of Small Businesses (FSB) is calling for the government to cultivate a ‘culture of entrepreneurialism’ instead of focusing exclusively on creating jobs within existing businesses.

In the report ‘Self-Employment: Stimulating Economic Growth’ the lobbying group challenges the government to focus more on promoting self-employment. The FSB believes the system is overly complex and taxes self-employed people as though they are employees without giving them equivalent legal benefits.

The FSB is calling on HMRC to respect a declaration of self-employment as just that, with HMRC being obliged to check within a six-month timeframe whether the entrepreneur meets the criteria. Once their self-employed status has been accepted the applicant must be considered as self-employed until they inform HMRC otherwise.

John Walker, national chairman of the FSB, said: “The government has so far concentrated on creating employment opportunities, but they also need to help nurture an environment of entrepreneurialism. The Chancellor's Budget provides the perfect opportunity for the government to put a spotlight on self-employment and help break down the barriers to entrepreneurship.”


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