Across the self-employed view, the average number of weeks without work dropped from five to 4.3.
Chloé Jepps, the Entirely of Research at IPSE, commented on this and examined how IR35 may exacerbate problems: “The last Trust Index of 2020 shows several concerning trends for freelancers.
“Before all and foremost, the average freelancer was working more for less. This is because, when they were more competent to work before entering this renewed lockdown, they were invidious their rates to competitively scoop up as much work as possible.
“It is a bite that this could translate to a longer-term downward trend in freelancer day gauges.
“Concerning, too, is that unlike the rest of the sector, managerial freelancers did not see an multiplication in work even before this lockdown. While others cut their day kinds to get as much work as possible while the going was good, for managerial freelancers, the flourishing never got good.
“On top of this, managerial freelancers – along with competent freelancers – are one of the groups that will be most affected by the changes to IR35 due in April. It is indicative of the hurt these changes will do that, for the first time since the day one of the pandemic, managerial and professional freelancers said that Government tax way – not coronavirus – is having the most significant negative impact on their firms.
“Altogether, these worrying trends are a sign that now more than continuously, freelancers need better Government support and protection – not the threat of tax be generates and damaging structural tax changes.”