Latest figures have revealed a drop of £4,302 in contractor’s average quarterly earnings.
According to a survey carried out at the end of March, as part of the Association of Independent Professionals and the Self-Employed (IPSE) and PeoplePerHour’s quarterly freelancer Confidence Index, contractors said that the confusion over Brexit (59%) and the government’s fiscal policy (55%) were doing the most harm to their business.
Andy Chamberlain, IPSE’s Deputy Director of Policy, commented, “Freelancers are clearly extremely frustrated with this Conservative government’s chaotic management of Brexit and business. It should be a stark warning for the Tory leadership hopefuls.
“The ‘party of small business’ has done very little to understand or encourage the smallest firms or the future flexible workforce. Even beyond Brexit, we have seen only small steps on late payment, inertia on parental rights and outright hostility on tax.