Tuesday, November 05, 2024
Singapore FinTech Festival | FFNews

General Election 2017: Business Owners Needs Simpler Tax Laws 

Ed Molyneux, CEO and co-founder of FreeAgent said:

“Regardless of which political party ends up winning the upcoming general election, I hope the new government will not turn its back on the millions of people across the UK who run their own freelance or small businesses.”

“Self-employed people and micro-business owners form the backbone of our economy, yet they are rarely put at the forefront of policy decisions. Many of them think that the tax system is designed to benefit larger companies rather than smaller ventures – and the majority do not believe that the government supports them enough.”

“These business owners need simpler tax laws, better access to funding and more readily-available information and support in order to run their businesses better. I hope that whoever emerges victorious in June keeps those requirements in mind and works to deliver a brighter future for our micro-business sector.”

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Singapore Fintech Festival | FFNews