The Practical Guide to Limited Company Tax
If you have chosen to operate your business as a limited com...
By Jonathan London on 27th May 2015
A recent survey has discovered that across most industries freelancing offers greater rewards than non-freelancing positions.
Global payment platform Payoneer consulted more than 23,000 freelancers based in more than 180 countries to look at their experiences.
The research found the average freelancer works for a total of 36 hours a week at a rate of $21 per hour, giving them an annual pre-tax salary of more than $39,000 – substantially higher than most non-freelance workers. Although, actual take home pay can vary considerably demanding on country, industry and company set-up.
Scott Galit, chief executive officer at Payoneer, explained there has been a strong increase in freelancing in recent years, especially as technology continues to make the ‘borderless world’ a reality.
“There’s an obvious appeal to freelancing – businesses worldwide can tap into a larger and more diverse talent pool than ever before, and … freelancers and service providers [can] secure work with international companies,” said Mr Galit.
He added that freelancers who take steps to market themselves and create a presence on work networks, as well as social media and blogs will be well-placed to benefit from business growth.
“Many of the most successful entrepreneurs we come across just keep growing, and it’s because they’re bold and eager to promote themselves. Companies will be more drawn to you – and be willing to pay more – when they see you’re serious.”
Our guide to Choosing the right accountant will help you understand the types of accountancy services available and what might be right for you
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If you need a little help to find the right accountancy service, don’t worry.
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