New to Contracting

New to Contracting

Advantages and Disadvantages of Contracting

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

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?

Seven reasons to choose limited 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.

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.

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.

Why Orange Genie Accountancy?

Orange Genie Accountancy offers fixed fee accountancy packages to contractors and freelancers. Each client has unlimited access to their own dedicated approachable and friendly accountant. All Orange Genie Accountancy accountants are specialists in the contracting market, so they can give you bespoke, high quality advice.

We will always keep you informed about anything that could affect you and your company. Our relationships with our clients are extremely important to us so we'll be in touch often, whether it be face to face, over the telephone or email.

Our packages start at £75 + VAT a month for an online service. Our most popular package is £120 + VAT a month which provides you with your very own dedicated accountant as well as:

  • Unlimited accountancy support
  • Face to face meetings so we can get to know you and understand your contracting goals
  • Proactive contact
  • Director and employee payroll
  • Annual Return
  • Self-Assessment Return
  • A fully compliant service so you are safe in the knowledge that you are meeting your legal obligations
  • Access to the Freeagent Software, which is updated in real time so you can always see how your business finances are looking

​And much more, includingaccess to wealth management advice, IR35 reviews and pensions planning. 

If you would like to appoint Orange Genie Accountancy as your accountants please either fill out our enquiry form or give one of our friendly expert accountants a call on 01296 468 185 or email accountancy@orangegenie.com

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