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RE: [Totally OT] How to become a contractor


  • To: <ukha_d@xxxxxxx>
  • Subject: RE: [Totally OT] How to become a contractor
  • From: "Pedro de Oliveira" <p.oliveira@xxxxxxx>
  • Date: Fri, 23 Jan 2004 22:49:09 -0000
  • Mailing-list: list ukha_d@yahoogroups.com; contact ukha_d-owner@xxxxxxx
  • Reply-to: ukha_d@xxxxxxx

Thanks Martin

I feared as much but didn't want to fork out unless I had to... I'm in
Birmingham but thanks anyway

Regards
Pedro

-----Original Message-----
From: Martin Howell [mailto:grizelli.projects@xxxxxxx]
Sent: 23 January 2004 20:13
To: ukha_d@yahoogroups.com
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

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