Hey chaps,
I'm completely new to the contracting world. I've just set up a limited company and have a 6-month contract starting next week, with the possibility of another 6-month contract afterwards or a move into full-time employee status.
When should I hire an accountant? Now on a monthly fee basis, or further down the line?
Does the approaching end of the financial year make a difference, both now and potentially 12 months from now when a potential 2nd 6-month contract would end (i.e. if I hire an accountant today on a 12-month deal, I'll have to hire another accountant afterwards to do a one-off EOY accounting, correct?).
Any other considerations?
Cheers.
I'm completely new to the contracting world. I've just set up a limited company and have a 6-month contract starting next week, with the possibility of another 6-month contract afterwards or a move into full-time employee status.
When should I hire an accountant? Now on a monthly fee basis, or further down the line?
Does the approaching end of the financial year make a difference, both now and potentially 12 months from now when a potential 2nd 6-month contract would end (i.e. if I hire an accountant today on a 12-month deal, I'll have to hire another accountant afterwards to do a one-off EOY accounting, correct?).
Any other considerations?
Cheers.
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