Bethnal Green Boy Invited To No 10 For Opinion On Future Of Entrepreneurs

Bourton On The Water, United Kingdom (PressExposure) July 28, 2011 -- Jamie Waller, CEO of JBW Group the debt management and enforcement company, was recently invited to visit No. 10 at the invitation of Steve Hilton, Senior Advisor to the Prime Minister. This was as a result of mentoring work Jamie has undertaken as part of David Cameron's Start Up Britain programme.

Born and brought up in Bethnal Green, Jamie Waller started his career in the industry knocking on doors collecting money. He now runs one of the fastest-growing and successful companies in the industry with 120 staff that has grown over 20% year on year since its launch in 2004.

The meeting was held to discuss how the Government could encourage more people to set up their own businesses, what form of support should be offered and how the next budget could aid this.

Jamie Waller said; "I had raised two points with Steve that I felt were extremely important to those setting up their own businesses; the ability to claim childcare as a business expense and public contract procurement.

With regard to childcare as a business expense, women should not be penalised for returning to work after giving birth. In the USA, women are given tax benefits for returning to work. Recent studies show that a female entrepreneur would need to generate and income of £50,000 per annum to pay for childcare for eight hours a day. I put it to Steve Hilton that childcare should be claimable as a business expense and as such tax deductable. He thought this was a great idea and assured me David Cameron would be made aware of it."

He continued; "The other point we discussed was the issue of simplifying the procurement process. I pointed out that the Government has said they want to support SME's but there is no sign of any changes to current legislation. I was pleased to hear from Steve that changes are planned for October 2011 which will see the announcement of a much more simple process that is more consistent in its approach. This I know will support more SME's in their bids to work with the Government."

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Press Release Submitted On: July 28, 2011 at 8:08 am
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