2013 named as ‘Year of the Freelancer’
Experts have named 2013 the ‘Year of the Freelancer’ and are urging conventional workers to escape the nine-to-five drudgery of a regular job and join the lucrative and fulfilling world of self-employment.
Freelancer tax specialist Nixon Williams has highlighted the recent boom in freelancing – with Office for National Statistics (ONS) figures showing the number of self-employed people rose in Britain by nearly 400,000 between 2008 and 2012.
Similarly, a recent report from Mitel found that 81% of UK workers want to “escape the shackles” of conventional employment and with British freelancers seeing a 62% rise in earnings over the last three months, now is the perfect time to make the switch.
Andrew Nixon, Director at Nixon Williams, hailed the figures as signalling a move towards a new world of work.
“It’s easy to see why more and more people are making the switch to self-employment,” he said.
“Running your own business offers the kind of fulfilment you simply can’t find through being another cog in the corporate machine and with freelancers seeing an unprecedented rise in earnings, there’s no better time to jump on the bandwagon.
“While the administration and accounting elements of self-employment can be daunting, there’s more help than ever at hand. And companies like Nixon Williams will help you every step of the way – from choosing the best set-up for your company, to helping you reap the rewards of your hard work.”
According to the ONS Labour Market report:
- The number of freelancers has soared by nearly 400,000 over the last four years.
- All parts of the UK have seen a rise in the number of self-employed workers, apart from Northern Ireland.
- The proportion of self-employed workers was highest in London and the South-East.
- The internet seems to be having a big impact on working practices, with 58 per cent of freelancers using their home for work purposes.
- People over 50 are keen to branch out into self-employment – accounting for 84 per cent of the increase in self-employed workers since 2008.
According to the Econsultancy/Elance Global Online Employment 2012 report:
- Technically-savvy freelancers have seen “skyrocketing” demand for their expertise, particularly those familiar with HTML, PHP and CSS.
- Freelancer earnings in 2012 reflected the demand for expertise in marketing (190 per cent) and producing online content (132 per cent).
- The UK is one of the top countries for hiring freelancers, coming in third place behind Australia and the US.
- Globally, freelancers earned a total of $200,000,000 (£128,000,000) and nearly 800,000 people made the switch to self-employment.
When dealing with the administration and tax aspects of self-employment, freelance workers need to turn to an accountancy firm they can trust.
Nixon Williams aims to provide the best service available on the market and constantly reviews its processes to ensure it offers value and transparency.
All clients are assigned to a personal account handler and the company’s expertise as a specialist practice means contractors and freelancers can be sure they’re in safe hands from day one.
For more information, visit Nixon Williams’ website today, or get in touch with their friendly team on 01253 362 062.