New research from the Association of Independent Professionals and the Self-Employed (IPSE) has found that despite over a third (34%) of self-employed workers operating through an umbrella company, over 3 in 5 (61%) umbrella company workers believe that there are no advantages in operating via an umbrella company.
Freelancer pay hits their highest levels since the EU referendum, but ‘confidence slumps as IR35 acts as a sword of Damocles’
New research from the Association of Independent Professionals and the Self Employed (IPSE) has today revealed that freelancers’ average quarterly earnings soared in Q4 2021 to its highest level since prior the EU referendum at £29,547 – up from £25,551 in Q3 2021. For context, the increase in quarterly rates marks an end to two years of COVID-19 uncertainty as the figure represents a doubling of incomes since the start of the pandemic in Q2 2020.
New research from Worksome, the tech platform connecting businesses with freelancers, and IPSE, the Association of Independent Professionals and the Self-Employed, has today found that almost half of freelancers (47%) have become concerned with their financial security following the pandemic. The Great Resignation, caused by months of remote working during the pandemic led many workers to reassess their careers, job satisfaction and resign in a large number of cases, which has had an interesting double effect on the freelance community.
Eugenio Marongiu / Avalon New research from the Association of Independent Professionals and the Self Employed (IPSE) has today revealed that the number of solo self-employed workers in the UK has fallen by 5 per cent from 4.3 million in 2020 to 4.1 million in 2021. The fall represents the second consecutive year that the solo self-employment sector has decreased since the 40 per cent growth in self-employed workers between 2008 and 2019.
SELF-EMPLOYED workers and small business owners have been hit particularly hard by the pandemic and with a new Omicron variant looming, further difficulties may lie ahead. With this in mind, the Government has been urged to reduce the tax burden facing workers. Rishi Sunak cuts short US trip due to Omicron crisis