New to Contracting

New to Contracting

Switching from Umbrella to setting up a Limited Company

Once you’re an established contractor and you’re sure the contracting life is for you, however, it might be time to consider running your own limited company.

Advantages and Disadvantages of Contracting

. The leap from permanent employment to contracting is certainly an exciting idea, but is it right for you?

Switching from permanent employment to contracting

So you’ve decided to leave your permanent job and become a contractor. It’s an exciting moment, and one you’ll look back on as a turning point in your working life.

Seven reasons to choose a limited company when contracting

Higher take home pay, being able to claim on a wider range of expenses and Greater opportunity for tax planning than PAYE Umbrella are just a few of the many reasons why you might want to go Limited.

Limited vs Umbrella

The two most popular choices are either umbrella employment, a director of your own limited company.   So what do both entail? What are the differences and which is mostly likely to suit your needs?