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Is anyone willing to tell me how much they make from freelancing/part-time self-employment?

13 replies

Whippet · 26/10/2010 20:19

I can't decide if I'm wasting my time really.

Have just done my accounts and last financial year I billed just under £20K, had expenses of about £1200, paid tax of about £4k, so 'took home' about £15k.

But I felt as if I was working 9-3pm 4 days a week, and some evenings for about 30 weeks of the year.

I like the flexibility of it all, but I just feel I'm not being very efficient, and perhaps I'd be better going to do some temping or soemthing Sad.

OP posts:
rusmum · 26/10/2010 20:40

i am a pampered chef rep- make £50 plus per show and book in as many as i feel like (usually 1 a week!). Love it !!!!!

cheeseytoastie · 26/10/2010 20:46

I work in IT, take home about £12k after tax/pension for 7.5 hours a day 3 days a week. Get 6 weeks hols. Your deal sounds better than mine for the number of weeks worked.

cheeseytoastie · 26/10/2010 20:46

Sorry, should have said I'm not freelance or self-employed, just wanted you to see the other side of the fence!

porcupine11 · 26/10/2010 20:54

Hard to say overall figure as I've only just started and I'm only fitting it around baby and toddler at the mo until they start nursery 2 days per week, but I make sure it's £30 per hour min, or it's not worth the way it eats into evenings/weekends.

doozle · 27/10/2010 19:22

That sounds ok to ME considering you worked school hours and 30 weeks. (Obviously depends what you do of course).

Not sure you'd clear much more from temping and you'd prob not get school hours etc or all the flexibility.

I billed about £8k last year and worked about 12 weeks (3 full days a week for 12 weeks.)

doozle · 27/10/2010 19:24

Sorry, "me" not "ME"!

Makes me sounds like I'm full of it. Grin

Talkinpeace · 27/10/2010 21:14

I earn about 1/5 of what I'd earn working full time (net)
BUT
go to the gym in the mornings most days
take school holidays off
inset days, sports days etc
I like to work in the evening (always did)
and would never ever go back
AND
its amazing how little in a tax return equals a comfortable life !!

yourlocalbookkeeper · 27/10/2010 23:29

I don't make half as much as I made as an employee but I won't go back to being a 'worker' for all the porcelain in China:)

TracyK · 28/10/2010 10:43

I think I billed about the same as you Whippet - but have to drop most work in the summer/Xmas hols - so lost a lot of income that way.

I do feel as though I work full time though for part time wages as I'm always at the computer 'working'.

hatwoman · 28/10/2010 17:16

whippet - similar to you - and it's getting tougher. first year I made about 23k (net of expenses but not tax iyswim), next year was about 17. this year eeeek I've billed about £7.5. which would be ok if I had a nice £10k+ contract due to fill in the second half of the year but I haven't...

hatwoman · 28/10/2010 17:19

that's £7.5k not £7.50. things aren't that bad.

Whippet · 28/10/2010 18:06

LOL hatwoman!

I think I have to just stop remembering what I earned full time in a senior job in an office (with all the associated stress/travel etc)

I really have been rather casual about it I guess, and I could probably earn a bit more if I was a bit more focussed, but I do get distracted by friends/coffee/shopping sometimes Blush

OP posts:
BeckyBendyLegs · 31/10/2010 18:36

£20 per hour - earn about £10-£15k per year. I can't remember what I pay in tax as DH does my taxes for me Grin. I earn about half what I could earn full-time but then I pay no childcare and don't have to travel to work, or buy work clothes (unless you could jammies as work clothes), and pay for lunch in the staff canteen. I work about 15-20 hours per week.

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