Opinion

Should we replace entrepreneurs’ tax perks with employee ownership?

The chancellor could well abolish entrepreneurs’ relief in the Budget. We could use some of the tax savings to create more worker-owned businesses, says Merryn Somerset Webb.

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by: Merryn Somerset Webb

5 Mar 2020

Rishi Sunak: could scrap entrepreneurs' relief © Getty

AFP via Getty Images

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Should we replace entrepreneurs’ tax perks with employee ownership?

The chancellor could well abolish entrepreneurs’ relief in the Budget. We could use some of the tax savings to create more worker-owned businesses, says Merryn Somerset Webb.

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Should we replace entrepreneurs’ tax perks with employee ownership?

The chancellor could well abolish entrepreneurs’ relief in the Budget. We could use some of the tax savings to create more worker-owned businesses, says Merryn Somerset Webb.

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