UKIP's Manifesto‎ > ‎

Backing Business and Investing in British Jobs

BACKING SMALL BUSINESSES Britain’s 5.5 million small businesses are the lifeblood of our economy, making up 60 per cent of the jobs in the private sector, according to the Federation of Small Businesses. UKIP will support small businesses by: 
• Cutting business rates by 20 per cent for  the 1.5 million British businesses operating from premises with a rateable value of less  than £50,000 
• Making HM Revenue and Customs investigate big businesses or public sector bodies that repeatedly make late payments to smaller customers. Fines proportionate to the amount of delayed payments will be levied, and will escalate for repeat offenders
• Improve access to trade credit insurance  to remove the drag on growth for  businesses struggling to secure loans, and give small traders the confidence to expand their businesses
• Encourage local trade by pushing every local authority in the country to offer at least 30 minutes’ free parking in town centres and shopping parades.  
We will also freeze Insurance Premium Tax. Previous governments have raised this tax as an easy way to make extra revenue, yet it cannot be claimed back by businesses so increases have been especially tough on smaller traders. 
ACCESSING GOVERNMENT CONTRACTS Local, regional and national governments have immense spending power totalling around  
There needs to be a bonfire of excessive EU regulation when we leave the EU so smaller businesses can compete successfully on the global stage.  UKIP is the only party that has any  real appetite for this.
Christopher Mills,  Business Spokesman
14 |  UKIP Manifesto 2017 
Backing Business and Investing in British Jobs
£230 billion. While in the EU, they are required to offer contracts right across Europe, which has made it harder for British businesses to compete, and forced them to jump through expensive bureaucratic hoops.  
Brexit offers the perfect opportunity to open up government order books to smaller businesses, and encourage local, regional and national procurement strategies that will deliver better value for taxpayers. 
UKIP will launch an urgent independent review of public sector procurement, with the aim of opening public sector contracts up to small and medium-sized businesses employing less than 250 people. Recommendations coming out of this review will be put in place immediately after we leave the EU. 
Meanwhile, we will compel all public sector bodies to list contracts worth over £10,000 on the government’s ‘Contracts Finder’ website, to help more small firms access public  procurement opportunities.
BACKING BRITAIN’S  SELF-EMPLOYED STRIVERS It takes courage and determination to set up your own business. Many self-employed people work for less than the national living wage, especially when they start out. UKIP will stand up for Britain’s 4.8 million self-employed people. There will be no quarterly tax returns, and no increase in Class IV National Insurance or taxes for our self-employed strivers. UKIP’s goal is to keep taxes and red-tape to the minimum necessary.  
BRITISH JOBS FOR BRITISH WORKERS UKIP is not ashamed to say it: we should be offering jobs first to our own unemployed, rather than inviting cheap labour from overseas to do the jobs British people are perfectly able to do. Big businesses are the worst offenders here and we will prevent their deliberately overlooking the 11 per cent of young people in the UK who are currently out of work. 
UKIP will bring forward legislation requiring employers to advertise jobs to British citizens before they offer them overseas. It is the government’s duty to get our own unemployed off benefits and into the workplace, and improve prospects for our own people, rather than facilitate the continued importation of foreign workers. 
We will also ensure employers are legally free to choose to hire a young unemployed British person under the age of 25 ahead of a better qualified or more experienced foreign applicant. Employers who wish to back British workers and give local young people a chance on the first rung of the career ladder should not face the threat of legal action, as they presently do. 
UKIP will make Gordon Brown’s British Jobs for British workers plausible, and meaningful in law.
Big businesses will have to start training the British workforce, investing in succession planning, and paying a decent living wage to all their employees.
Andrew Charalambous,  Work and Pensions Spokesman
• Protect workers’ rights once we have left the EU: leaving the EU must not usher in any kind of ‘race to the bottom’ on employment rights.
• Enforce the minimum and living wage and reverse government cuts to the number of minimum wage inspectors in England and Wales 
• Significantly tighten up rules on  zero hours contracts and severely