Since 2008, the number of freelancers and self-employed workers has risen by around 700,000, currently standing at 4.5 million. Furthermore, in the period from September to November 2015, 98,000 more people became self-employed compared to the same three-month period in 2014.
These figures mean that one in seven people who are in employment in the UK now work for themselves. Interestingly, but perhaps not surprisingly, the rise has been particularly noticeable amongst women who are keen to juggle having a family with maintaining their career.
Self-employed over 65s
There has also been a rise in the number of over-65s becoming self-employed. This is possibly because those in the older age bracket have accumulated more knowledge and experience and therefore feel more confident starting their own business. Or maybe through a financial need?
Whilst these sectors have seen growth, the number of men doing freelance work or working for themselves has remained static.
The benefits of self-employment and free advice
Many people enjoy the flexibility of working for themselves and the freedom of being their own boss. The self-employed can choose their working hours, the clients they work with and how they market their business.
Regardless of far down the self-employed route you are, if you would like any help or assistance at all, more information about self-employment or advice on setting up a new business, please feel free to contact Omni Chartered Accountants on 01902 837 408 and we will be more than happy to help.