Hi all, completely new to this and will spend time reading through the forum before I go asking my newbie questions but there is one question that doesn't appear to be in the Accountant recommendations sticky, that I would like to ask.
Quick potted history first. I took VR and am now taking my pension but not ready to hang up my boots yet and would like to do a bit of short / medium term contracting for a few years. I think that I am probably more employable (just!?) as a contractor because I can't see an employer wanting to take somebody of my age on permanently and my skills are such that I could help a business out on a short term basis.
2017/18 will be a relatively complicated tax year for a simpleton like me what with having worked in a PAYE position for most of last year, then taken redundancy pay, invested in a SIPP and hopefully working as a contractor. I'm thinking that I probably won't be able to work permanently, moving almost seamlessly from one contact to another as many younger folk do. Anyway, I’m not really sure that I want to.
So my question is that being as I may only work, say, 6 months a year if I’m lucky, but that I feel as though I would need an accountant, do I have to pay a monthly fee for the whole year or are there other options?
Thanks.
Quick potted history first. I took VR and am now taking my pension but not ready to hang up my boots yet and would like to do a bit of short / medium term contracting for a few years. I think that I am probably more employable (just!?) as a contractor because I can't see an employer wanting to take somebody of my age on permanently and my skills are such that I could help a business out on a short term basis.
2017/18 will be a relatively complicated tax year for a simpleton like me what with having worked in a PAYE position for most of last year, then taken redundancy pay, invested in a SIPP and hopefully working as a contractor. I'm thinking that I probably won't be able to work permanently, moving almost seamlessly from one contact to another as many younger folk do. Anyway, I’m not really sure that I want to.
So my question is that being as I may only work, say, 6 months a year if I’m lucky, but that I feel as though I would need an accountant, do I have to pay a monthly fee for the whole year or are there other options?
Thanks.
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