Posted: Tue 11th Jul 2017
Enterprise Nation founder Emma Jones shares her immediate reaction to the government-commissioned review of modern working practices by Matthew Taylor, chief executive of the Royal Society of Arts.
"While the report is undeniably good news for the new world of work that is emerging, we hope the government will take on board the report's recommendations around proposals to raise self-employed National Insurance contributions - ie "to raise public awareness of this issue and engage in debate with stakeholders about potential long term solutions".
"We know from our own members that the government still needs to better understand the relationship between people who start out small - as self-employed individuals - and then go on to run successful businesses for the long term, creating important jobs.
"These people plough every penny back into the business, often without taking a salary at all and no promise of success.
"To increase costs at this early stage would be a serious disincentive to those starting out, which could impact the long-term health of the British economy."