The UK Independence Party is an advocate for small businesses. In the run up to the local elections the party pledged to “reduce tax and business costs to stimulate the local economy”. It added they would “make it easier for smaller and local businesses to tender for local authority contracts”.
With the general election only a week away, a spokesperson for UKIP told IPSE: “We are extremely concerned that the two main parties in this election see the self-employed as the nation’s cash cow, rather than its background.
“It is clear that the Conservatives want to increase Class 4 National Insurance Contributions having tried to get it through before the election. Chancellor Philip Hammond said that despite it not being in their manifesto, he felt it was the right thing to do.”
UKIP has pledged not to increase NICs on the self-employed. Furthermore, the party believes that leaving the EU will allow for a far less aggressive and bureaucratic regime, and give the most productive sector in the economy a chance to grow.
“The job of the government is to get out of the way, not to throw up road blocks in the path of strivers,” added UKIP.
“As supporters of the self-employed sector, we believe that aggressive taxation and the need to deliver paperwork at multiple occasions through the year places an unnecessary burden on people. UKIP will not increase taxes on the sector.
“The major issues affecting the sector are the threat of greater bureaucracy, taxation and the scourge of late payment. UKIP will introduce simple processes by which contracts are paid on time and in full, in particular by public sector bodies
“Brexit, like all changes causes concern, but the possibilities of looking at the entire world, and the opportunities created by the growth of international change will pay off and benefit the UK’s self-employed sector.
“As negotiations progress we will see that it is not in the interests of our friends in the EU to create barriers to trade, but in the meantime we will be free to strike better deals globally. Of course there will be some transitional problems, but they will be small in comparison to the global opportunities.”