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IT Contracting help?

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Old 06 June 2001, 08:21 AM
  #2  
Fosters
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Ask away, I've been a con for the past 6 years and I imagine some on this bbs have been for longer.

Remember, out of your 'hard' earned cash, your company will have to pay...
ees tax and NI
eer NI
corporation tax
pension
you won't get sick pay or paid holiday

count on working 46 weeks of the year and you won't be far wrong

I have a spreadsheet that you just input salary/rate weeks per year and whether your contract or permie and it tells you how much you'll get in your pocket and how much tax you'll pay. It also highlights how much better off you are for not paying eer NI!!

let me know and I can email it to whoever wants it!

As for accountants, find a local one by recommendation that you can go face to face with. Contractor specific accountants are out for the profits and are complete t0ssers -avoid Giant at all costs

Fosters
Michael.toye@bmw.co.uk
Old 06 June 2001, 10:01 AM
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Jerome
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Because of IR35, the benefits of being a limited company contractor have largely been eliminated. I would recommend going for an umbrella company. You still earn the big money, save yourself loads of paperwork, and all for a bit of a drop in what you could earn as a limited company contractor.
Old 06 June 2001, 10:01 AM
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spider
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Dave,

Have a look at:
Old 06 June 2001, 11:13 AM
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ptholt
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Obe of the best jobsites you can get is :-
Old 06 June 2001, 06:49 PM
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GavinP
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Dave,

I am currently using BKL as an "Umbrella Company" and they are very good -
Old 06 June 2001, 08:46 PM
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John Catlin
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Have a look at the following site :-
Old 07 June 2001, 10:41 AM
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Fosters
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'tis sent.

Fosters
Old 07 June 2001, 05:43 PM
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ZAZ
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I have been considering going contracting aswell. Fosters, please can you e-mail me your spreadsheet: Scott@the-loft.freeserve.co.uk

Cheers
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