Decided to job change in 3 months - stay limited?

[navki]

Hi there,

Newbie here!

I have been with an umbrella company for many months now. I have been thinking of going Limited soon. My contract is ongoing, but I was thinking of dropping the current and contract job and contract elsewhere in 3 months time.

Is it much hassle drop the umbrella and start a new limited company now to take advantage of the benefits or is it best to wait the 3 months for a fresh contract?

Thanks in advance

[Alan @ BroomeAffinity]

The sooner you go limited the better IMHO. Providin your brolly hasn't tied you in and the agency is OK with it, I'd go limited stright away.

[thunderlizard]

Yes, no reason to wait. That way your company will already have a bit of trading history when you get your second contract. Some customers find brand new companies a bit scary.