A survey* released today by Crunch Accounting, shows that UK freelancers want greater support and recognition from Wednesday’s 2014 Budget announcement.
The poll found that 34% of UK freelancers consider greater Government recognition to be the most important potential Budget outcome, whilst 31% want more support for home-based workers.
Greater recognition and support were ranked far ahead of other high profile business issues, including mandatory penalties for late paying companies (which received 11% of votes) and a reduction in business taxes (11%).
With 4.37 million self-employed people currently working in the UK, freelancers now account for 14.5% of the country’s total workforce.
Jon Norris, editor of FreelanceAdvisor.co.uk said: “Most government initiatives target the small business community as a whole, but the needs of the freelancer are significantly different from someone who employs a small workforce.”
Darren Fell managing director of Crunch Accounting added: “The time is right for Government to formally recognise and promote the contribution that freelancers make to the economy, and offer tangible business support specifically for the self-employed and their unique business needs”.
*The survey by Crunch Accounting polled 250 freelance business owners located across the UK from 19 Feb to 13 March. Full results below:
What would you most like the Government to implement in the Budget this March?
|Recognition of freelancers as a unique subset of businesses – stop lumping us in with SMEs!||34|
|More support for home-based businesses||31|
|Simpler financial reporting for small businesses||13|
|Mandatory financial penalties for companies not meeting payment terms||11|
|Reduction of business taxes||11|