The structure of the UK labour market is changing. Workers looking for flexibility, especially women and older people are increasingly turning to self-employment. More young people are setting themselves up in business and becoming the entrepreneurs of the future.
We want the Government to continue to do more to support the self-employed. This includes easier access to mortgages and pensions and simplifying the tax system.
Our research shows 18 per cent of members say tenancy clauses are a barrier to running a business from home, while one in three says inadequate broadband stops them working from home.
Action FSB have taken
- Calling on the Office for Tax Simplification (OTS) to fully review the tax system for the self-employed, micro and small businesses.
- Calling for rules for Universal Credit to be simplified and made fairer for the self-employed.
- Lobbying Government to improve access by the self-employed to private pensions, insurance products, maternity pay and occupational health services.
- Promoting self-employment and entrepreneurship as a realistic career option for young people, by improving links between businesses and schools. We support this through our Chairman’s charity Young Enterprise.
We believe the UK should be the best place in the world to start-up and run a business. Furthermore the 15 per cent of the workforce who are self-employed should have equal access to financial products and be encouraged to save for their retirement. Rewarding the valuable economic role of the self-employed is crucial to supporting economic growth.