Re: [Totally OT] How to become a contractor

["Paul Robinson" <ukcueman@xxxxxxx>]

The dreaded IR35 is rumoured to be on its way out very soon in favour of
new rule IR591.

Anyway, check out http://www.contractoruk.com/ - a
good resource for contractors. That
should help give you a lot of useful information.

Paul

----- Original Message -----
From: "Martin Howell" <grizelli.projects@virgin.net>
To: <ukha_d@yahoogroups.com>
Sent: Friday, January 23, 2004 8:13 PM
Subject: Re: [ukha_d] [Totally OT] How to become a contractor


> No substitute for talking to a good accountant.  You will need to
> balance different factors, especially the IR35 rules and how to blag
> around them; your individual tax situation; how long you plan to be a
> contractor;  how much you expect to earn; do you want your own company
> pension scheme,  etc..  Also, many companies and/or agencies won't use
> you unless you have limited company status.  I started as self
employed,
> then switched to a company around 10 years ago - I think its easier to
> keep track of the dosh with the company (I use Quickbooks and its
great)
> and easier to be disciplined.  Talk to a good accountant, if you are
> anywhere near Somerset I can recommend one
>
> Martin
>
> Pedro de Oliveira wrote:
>
> >Hi All
> >
> >I'm new to the contracting game and have the option of either
going on
> >the companies payroll or setting up a company of my own.  I know
there
> >used to be a few contractors on this list and wondered if there
still
> >are...
> >
> >Can anyone offer a little advice as to which way is best or some
general
> >points which made you decide on whatever option you chose?
> >
> >Cheers
> >Pedro


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