More work and better pay attracting people to freelancing, says survey

As a contractor and a client of one of our accountants for contractors here at Freelancer Accounting (http://www.freelanceraccounting.com), chances are that you appreciate having the freedom to determine your own workload, something that is not enjoyed by those on the usual ‘9 to 5’. It therefore shouldn’t surprise you in the slightest to hear that so many people are choosing to work for themselves for this same reason, according to one recent poll.

The survey found that it was a perceived opportunity to get more work that led to 35 per cent of freelancers deciding to go it alone. For another 24 per cent, higher pay was an attraction. As for sources of freelance work, recruitment agencies ranked highest for popularity, with a third of freelancers stating that they had found their freelance projects in this way. Less than a quarter claimed to have found their work via job adverts – all interesting information for those presently considering going freelance and becoming a client of one of our small business accountants.

Indeed, there were some barriers to going freelance that were cited in the report, and which the right PCG accountant from a reputable firm like Freelancer Accounting could help to alleviate. 36 per cent of freelancers, for example, worried about their ability to gain a regular income, while 24 per cent of respondents fretting about finding regular clients. For 18 per cent, the management of HMRC paperwork was a source of concern. Freelancer Accounting’s seasoned and well-qualified accountants in Guildford are happy to advise freelancers on the management of their tax and accounting affairs, saving them time, money and stress so that they can focus on their core business.

Neither the popularity, nor the advantages of freelancing are an illusion, with about 40 per cent of all new jobs since 2010 having been the creation of freelancers and contractors, according to TUC. It is an indicator of how self-employed people have flourished in the UK’s post-recession landscape, and as the news of this has spread and other types of work have become scarcer, more and more people have decided to take the plunge into working for themselves, often with the assistance of specialist accountants for freelancers. There’s no doubt that the growth of freelancing has brought opportunities to those individuals and companies that appreciate the flexibility that it brings.

However, it is as important for a freelancer as it is for any other type of worker, to keep on top of their accounting and taxation affairs, ensuring that they operate in a way that is fully compliant as well as tax efficient. Freelancer Accounting (http://www.freelanceraccounting.com) is happy to cater for such people, providing them with access to dedicated contractor accountants who understand their business and serve as a vital point of contact, giving the most proactive and informed tax and accounting advice.

Editor’s Note: Freelancer Accounting (http://www.freelanceraccounting.com) are represented by the search engine advertising and digital marketing specialists Jumping Spider Media. Email: info@jumpingspidermedia.co.uk or call: +44 (0)20 3070 1959 / +34 952 783 637.