In this Contractor FAQ, one of our readers asks whether her relative lack of experience in the permanent world would be a problem when searching for her first IT contract role.
First Timer or Veteran Contractor?
Very few contractors regret their decision to break with traditional employment and start out on their own. Our site provides all the information you'll need to operate a successful professional contracting business - whether you're thinking of taking the plunge, or if you're a seasoned pro.
One of the main attractions of working via your own company is that the liability of shareholders is limited. So, to what extent is the liability of company directors limited? … [more]
HMRC will assign you a tax code to inform your employer (often your own company) to help them calculate how much tax should be deducted from your salary. Here we look at what the series of numbers and letters signify, and how they affect your income. … [more]
If you're about to start a new contract, or if you’re coming up for renewal, these tips may come in handy to help you maximise your earning potential, whilst keeping on the right side of your agent and prospective client. … [more]
Have you ever wondered whether it is worth including a covering letter when you submit your CV for a prospective contract position? … [more]
Around 30,000 estates were subject to Inheritance Tax (IHT) during the 2016-17 tax year - a rise of 11,000 in just three years, driven mainly by the rapid rise in nationwide house prices. … [more]
If you're looking for a change from traditional employment, or you're a client looking for short-term professional help with a problem, IT contracting may provide the perfect solution. … [more]
Private Medical Insurance covers the cost of obtaining private medical care should you fall ill. Insurance policies can be paid personally or met by your company as part of your remuneration package. … [more]
Capital Gains Tax is charged to you when you sell or dispose of an asset and it has grown in value, or you have gained a profit out of the sale. Here we look at how the CGT rules work in practice. … [more]
Since the implementation of the Intermediaries Legislation (IR35) in April 2000, the onus has fallen on professional contractors to prove that their contracts are not caught by the IR35 rules. In this article, we look at the role of professional IR35 … [more]