Mark Florman (pictured), Chief Executive of the BVCA, has responded to George Osborne’s announcement on owner employees…
This is a great step towards putting the entrepreneurial zeal back into Britain, providing an opportunity to employers, employees and so many of those desperately looking for work.
We need to make it as easy as possible for all businesses, but especially small businesses, to take on new staff and boost productivity. This policy should enable Britain’s start-ups and many of our most exciting companies to do just that. A new generation of owner-employees will enter the labour market as shareholders, giving everyone a chance to work and share in the proceeds of enterprise.
The zero rate of capital gains sends out a strong message that Britain is the place to grow your business. We look forward to working with the Government on implementing this policy.