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Susan Grossey

~ Author of books on financial crime and money laundering

Susan Grossey

Tag Archives: earnings

Starving in a garret

20 Friday Jul 2018

Posted by Susan Grossey author in Uncategorized

≈ 3 Comments

Tags

ALCS, author, Authors' Licensing and Collecting Society, earnings, library, money, writing

I am a – very proud – member of the Authors’ Licensing and Collecting Society, which was set up in 1977 to collect and distribute to authors the money they are due from “secondary uses” of their work (such as when schools photocopy books, or libraries lend books).  Apart from this sterling work, the ALCS also works as a campaigning organisation to promote the right of authors to be treated – and paid – as professionals.  And they have recently published the findings of their survey “Authors’ Earnings 2018: A survey of UK writers”.  Although I am only a part-time writer I submitted my information – and awaited the results with trepidation (as, of course, I hope one day to become a full-time author).  This may be an unrealistic dream…

Some highlights – or rather, lowlights:

  • the median annual income of a professional writer in the UK is now less than £10,500 [in 2017, the Joseph Rowntree Foundation declared that the income level considered to be a socially acceptable standard of living for a single person, was £17,900]
  • based on a standard 35-hour week, this works out at £5.73 per hour [the current UK minimum wage for those over 25 is £7.83]
  • if you take into account all writers – part-time and occasional as well as professional – the median annual income is a measly £3,000
  • in 2005, 40% of professional writers earned their income solely from writing – in 2017, it was just 13.7% [as earnings from writing fall, professional writers need to supplement their income with other activities such as teaching, editing, etc.]
  • but the creative industries in the UK are now valued at £92 billion and are growing at twice the rate of the UK economy as a whole – which suggests that the contribution of writers is being significantly undervalued.

Rather depressing, isn’t it?  I’m very lucky in that I can afford to do my writing as a rather expensive and time-consuming hobby, but can you imagine a society where no-one can afford to be a writer?  So come on: buy those books, go to those readings, write those reviews – and hug an author!

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Rolling in it

23 Wednesday May 2018

Posted by Susan Grossey author in Uncategorized

≈ 7 Comments

Tags

Book of the Year, cover, Design for Writers, earnings, Martha Plank, Samuel Plank, tax

One of the great mysteries of life is the self-assessment tax return.  I have had to do these for years, ever since I left the ranks of the employed in about 1989 and became self-employed, and then my own employee, and now a freelance writer as well.  I’m terrifically organised and gather the required paperwork through the year, so completing the return holds few fears for me – but it is always a complete surprise when I find out (a) what I have earned, and therefore (b) what I owe the taxman.

A couple of years ago I confessed to you that being the author of the Sam Plank novels had cost me £44.87 over the year.  Frankly, that’s a bargain hobby compared to my husband’s spending on cycling and golf, but still, I will admit to a slight disappointment on realising that full-time profitable authorship was so far beyond my grasp.  But the picture is much better this year.

Taking into account my earnings from the novels in all their formats, and the outlay I have made on such fripperies as cover design and celebratory stickers, in the period April 2017 to March 2018 I made – made! – £1,338 from being an author.  I’m in the black!  Granted, it’s only £25.73 a week, which would hardly keep me in Jaffa Cakes and trashy magazines, but it’s something.  And on the bright side, by using the National Archives’ nifty historical calculator of spending power, I see that £25 in Sam’s day would have bought me four cows.  Martha would not have been best pleased.

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It’s here: “Notes of Change” – the seventh and final Sam Plank novel!

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