FSB were a major a sponsor of the Leicester Business Festival once again this year. As part of the two week festival, FSB held a roundtable event to discuss the #ThinkSelfEmployed campaign with Nicky Morgan, MP for Loughborough and a group of FSB members, representatives and local businesses.
The event was hosted by The Studio, Loughborough University’s incubator Space for entrepreneurial graduates, where event chair Megan Powell Vreeswijk and her colleagues support startups through their journey into business ownership, with all the issues and rewards which self-employment brings.
The group discussed a host of issues including tax administration, access to mortgages and finance, business support, maternity and adoption allowance, the Budget, and we even found time for Brexit!
The wins which were announced in the budget were highlighted by FSB and Nicky Morgan which included: a commitment to extent the New Enterprise Allowance, a £10million training pilot over 2 years to be delivered in partnership with FSB in Manchester (FSB would like to see this further extended), the Department for Work and Pensions are going to push out a paper to set out their approach to try to incentivise pension saving and a further VAT threshold freeze.
However FSB highlighted that some key asks which government can also address: easier and fairer access to Mortgages, Insurance and Finance for the self-employed, Extending the startup period for Universal Credit from 12 months to 24 and that an Adoption allowance is introduced in line with the allowances which employees receive.
The Studio also provided a delicious lunch for attendees to further discuss issues and opportunities which was much appreciated.
Thanks are given to all those who took the time out of their busy schedules to join the event and ask some searching questions of their MP. We are very grateful to Nicky Morgan MP for her ongoing support of FSB both locally and nationally and we look forward to hearing about further wins for the self-employed as we continue our campaigning.
To find out more about the #ThinkSelfEmployed campaign please visit the campaign homepage: https://www.fsb.org.uk/standing-up-for-you/our-campaigns/think-self-employed/think-self-employed-campaign-homepage