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    #41
    Hm... Could somebody summarize... How big would be initial spendings to became contractor for the UK with minimal pain?
    How fast contract might be started from the moment of decision "Yes I would want be in"?

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      #42
      Initial costs

      £60 for setup of company, electronic delivery of stuff in 24 hours (print off the COI on proper paper - dead easy), and company nameplate (to put on registered office.
      Accountant told me who to contact to start VAT registration, PAYE reg etc (not paying her a huge amount, would prefer to do basics myself, and cost nothing).
      Designed company letterhead (needed for bank application - proof of business!), talked to bank, filled in documents, business manager visited my home (new business, cannot complete parts of documents easily)said he would send in letter with application, saying I was good business. All this completed between Tuesday 5pm & Friday 5pm.
      Total cost £60. so far. Two weeks later, assured bank stuff should be through early next week, VAT stuff sticking a bit - had letter asking for more info (as it was a new co., and couldnt complete all details!). Was warned when I spoke to them it could take 5-8 weeks (as opposed to the 3 weeks on website)
      SJD will do a contract check - I believe they only charge if it passes! They also have a lovely & free spreadsheet for managing your accounts (Thanks Simon!)
      So, I spent £60, & money on ivory card for the COI, & 60p for parking in town. Total cost so far!
      I'm hoping everything - including VAT will be sorted by the end of the week after next - when I have the first invoice off the new contract due.
      That will take it to 4 1/2 weeks, from terminating my contract & starting setup processes for going limited.

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