Hi there,
I am employed full-time, but planning to (IT) consult a couple of hours to a day a week (at around £25/hr).
I'm about to sign the contract with the client, which looks very much like I'll be a contractor: I'm to use my own equipment, work at own premises, liable for defects, and liable for negligence/omissions.
Given this is not a lot of money, I was planning to operate on my own; rather than venture in to the world of an Umbrella Firm, or setting up a limited company. I guess that I can just register myself to collect the VAT and issue the invoices myself.
Thought it might be smart just to run this past you guys, in case I'm doing anything obviously stupid or underestimating the nightmare ahead?
Thanks!!
PS I'm planning to take PI insurance, but I'll post about that in a separate thread
I am employed full-time, but planning to (IT) consult a couple of hours to a day a week (at around £25/hr).
I'm about to sign the contract with the client, which looks very much like I'll be a contractor: I'm to use my own equipment, work at own premises, liable for defects, and liable for negligence/omissions.
Given this is not a lot of money, I was planning to operate on my own; rather than venture in to the world of an Umbrella Firm, or setting up a limited company. I guess that I can just register myself to collect the VAT and issue the invoices myself.
Thought it might be smart just to run this past you guys, in case I'm doing anything obviously stupid or underestimating the nightmare ahead?
Thanks!!
PS I'm planning to take PI insurance, but I'll post about that in a separate thread
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