Insights Freelancer Holiday Pay – Playing The Percentages


What’s the correct holiday pay accrual rate for freelancers? It’s a seemingly simple question, but it has managed to cause no end of confusion and disagreement over the years.

Opinion and practice tends to be divided into two main camps. Some argue that the correct rate is 10.77% of the individual’s total pay. Others insist that anything less than 12.07% will result in them receiving less holiday pay than the minimum required under the Working Time Regulations 1998 (i.e. the equivalent of 5.6 weeks paid holiday per year).

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