If you’re considering setting up your own limited company, then you’re not alone.   There are over a million limited company directors in the UK and they all started where you are now.  Weighing up the pros and cons, drawn in by the possibility of doubling your earnings (who wouldn’t), whilst also wondering how the extra responsibility will fit into their lifestyle and feeling excited about the new challenge and flexibility that becoming your own boss offers.    

There are lots of things to consider and it can seem quite daunting knowing where to start.  That’s why we’ve developed a document that we hope takes away the fear of the plunge.  The survivor’s guide to contracting will make going limited seem a whole lot clearer.  After all it’s actually not that daunting when you know what to expect and where to begin.  And if you’re really committed to it, it can be one of the most rewarding and fulfilling career choices you’ll ever make. 

What you’ll find in our guide is some straight-talking honest advice and information.  It walks you through your options, including whether an umbrella company, sole trader or corporate partnership might be best for you.  Plus it includes all those questions and myths that might be making the water around limited companies seem a little murky.  Things like IR35 and how to deal with it, whether you have to be a specialist to be a contractor, how to work out what to charge and how to make yourself a valuable commodity in the market.  Plus if you’re really just interested in looking at a detailed take home pay illustration, then that’s there too. 

Once you’ve had a look at the guide you’ll probably have even more questions.  And believe it or not that’s a good thing.  After all, starting out is all about asking questions and learning new things, which is what makes it so exciting.  So if we’ve got your mind ticking over, then we’re all ears.  We’re confident that we have all the answers you’re looking for and we’re ready and waiting to be challenged.  So feel free to get in touch today.  We look forward to chatting to you.

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Tags: contractors, IR35 calculator, IR35 guide, limited company, tax calculator