HI there
Just found the site - pls be gentle - and had a look around but looking for a expert opinion on a contract i'm about to get into, and specifically if i'm being stupid with this (rate, expenses, ir35 etc). I'm a first time contractor.
Its about 400pd and short-term so about 2 months work. Its about 110 miles from where I live, so i'd be taking short term accommodation (approx 100gbp per week) and covering these costs myself.
I would work from home when the project work allows (decided by me but mostly the hours are 9-5 to fit in with the needs of the business). The work is a QA type testing by the way.
I may go back to permanent after this, but not sure so in the first instance i'll go with a umbrella company. More tax paid for sure, but i'm not too concerned by this at this stage. If it works out, and I can get further contracts (will likely always need to travel) then i'll go the Ltd route.
I don't mind the travel aspect as there is no work where I live (perm or contract) and the money seems acceptable to me.
Does this all sound sensible?
Any major items to watch out for?
Any and all advice, opinions appreciated.
Thanks!
Brian
Just found the site - pls be gentle - and had a look around but looking for a expert opinion on a contract i'm about to get into, and specifically if i'm being stupid with this (rate, expenses, ir35 etc). I'm a first time contractor.
Its about 400pd and short-term so about 2 months work. Its about 110 miles from where I live, so i'd be taking short term accommodation (approx 100gbp per week) and covering these costs myself.
I would work from home when the project work allows (decided by me but mostly the hours are 9-5 to fit in with the needs of the business). The work is a QA type testing by the way.
I may go back to permanent after this, but not sure so in the first instance i'll go with a umbrella company. More tax paid for sure, but i'm not too concerned by this at this stage. If it works out, and I can get further contracts (will likely always need to travel) then i'll go the Ltd route.
I don't mind the travel aspect as there is no work where I live (perm or contract) and the money seems acceptable to me.
Does this all sound sensible?
Any major items to watch out for?
Any and all advice, opinions appreciated.
Thanks!
Brian
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