How does the global freelance market fit with UK businesses?

Freelancing is reshaping the way people work more now, than ever before. From the regular 9 to 5 shifts, loyalty to one company, and management mandated projects, there is a sudden shift to a more flexible approach to work, especially for the younger generations. 

The gig economy provides a sense of freedom you’ll never experience as an employee. Freelancing is a great way to leverage your skills while earning money and doing what you love without daily pressures on time plus it gives people the freedom to earn different currencies, learn about different cultures and practice new skills. In short, freelancing is a global trend that enables different nations to work together. 

In the United Kingdom, two-thirds of the SMEs are engaged in hiring remote workers. It saves money and provides wider access to hiring skilled and talented individuals. If we look at the global market, flexible working that involves ‘virtual teams’ is also one of the drivers of reshaping the workforce. Having a group of employees working remotely in their respective homes in different countries is transforming the business sectors perspective of work, and the UK has adapted to this trend too. As tech companies continue to upgrade and innovate their services by creating different approaches to virtual teams, remote working has become easier than it was before. Microsoft Teams, Zapier, and Github are among the tech companies pioneering this change. 

The growth of virtual teams also involves businesses reconsidering the tax differences of remote workers. In fact, UK companies are supported in thor tax calculations by policies set up to hire over seas workers, as long as they are still paying PAYE tax, a British worker can work from anywhere in the World, for any british company. There are instances where local labour laws in the country do not allow employment by any foreign company unless that firm has some sort of incorporated local presence in their prospect overseas remote worker’s country. If you are a non-UK citizen who wanted to be a remote work freelancer for a UK company, then you do not need to get a visa to work for a UK firm. You only need to secure a UK visa when you will be physically working in the country. 

There is a lot of information available to support the freelance community when working with a UK Based company.