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Latest IPSE research has shown that contractors can help to improve their work performance and well-being, simply by taking time off work.

According to the findings, 63% of contractors believe taking holiday increases their work performance in some way.

Worryingly, there are many contractors who are not taking the R&R they need when they do take holiday. For example, four out of five (78%) admitted to working while on holiday. Over half (58%) said they reply to work emails while away and more than a third (37%) said they take work calls while away. Twenty-eight per cent even work remotely while on holiday.

To help more freelancers take more time off and improve their wellbeing and their business performance, IPSE developed a range of recommendations for government and industry:

  1. Introduce fair Shared Parental Leave (SPL) and parental pay for the self-employed, so freelancers can take the leave they need when they have children.
  2. Improve access to savings or private insurance to cover for sick days.
  3. Make training for the self-employed easier to access, so freelancers feel more able to take time off for this.
  4. End late payment to stop freelancers having to chase clients during their leave.
  5. Raise awareness of the importance of freelancers taking time off.

Thinking of appointing Dolan Accountancy?

Give us a call on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.

Email Jaime

Chloé Jepps, IPSE’s Head of Research, commented, “What’s clear from this research is that there is a real business case for freelancers taking more holiday. Two-thirds of freelancers say taking time away from their work actually improves it. It’s a sharp rebuttal to the idea that never stopping and being ‘always on’ is more productive.

“Freelancers must be encouraged to take more time off not only for their businesses’ sake, but also for the sake of their wellbeing and personal lives. Our research clearly shows that taking more leave helps freelancers combat stress and anxiety – and build up their personal relationships.

To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.

Why Thousands of Contractors, Small Businesses and the Self-Employed Choose Dolan Accountancy

With over 30 years’ experience, Dolan Accountancy are award-winning nationwide accountants for contractors, small businesses and the self-employed. We have the specialist skills, reputation, and credibility you can trust.

Our all-inclusive packages cover everything you need, with no hidden costs.

If you’d like to find out more about how Dolan Accountancy can help you and your business, please give us a call on 01442 795 100 or email lauren@dolanaccountancy.com or jaime.thorpe@dolanaccountancy.com.

We don’t believe in tiered packages or hidden extra fees, instead we aim to give you everything you need, including:

  • Free Company Formation – This is where it all begins. Once you have decided on an available name, we will form your company free of charge (if using our accountancy services) and it will be ready for you to use in as little as three hours.
  • A Dedicated Accountant – Your accountant will be there for any company or personal tax advice that you require.
  • Free Access to FreeAgent – We offer all of our clients access to FreeAgent, free of charge.
  • Free Business Banking – We are partnered with multiple banking providers, several of which provide free business banking for the first 12 months.
  • Free Registered and Director’s Service Office Address – Sometimes you just don’t want your home address on display at Companies House. When you sign up to our accountancy services, we will offer the use of our address as an alternative.
  • Your Business and Personal Taxation Needs – This includes Company Accounts, Director’s Personal Tax Return, VAT Returns, Payroll, Corporation Tax, unlimited IR35 status reviews and Dividend advice, to name just a few.
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