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Contractor Checklist.

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    Contractor Checklist.

    I'm hopefully about to take up my first contract. Speaking to the EB, I'll need to "move fast" on this one as "big companies don't like to hang around" or something similar.

    Having done a little research, I think I'll need to do the following to get things off the ground:

    1. Think up company name
    2. Register domains
    3. Register company
    4. Get a business bank account
    5. Get an accountant
    6. Get the contract checked by someone (Bauer & Cottrell?)
    7. Join PCG (insurance)
    8. Work out how to invoice

    (As the prospective contract is up in the big smoke of London town)

    9. Sort out train ticket (monthly, quarterly?)
    10. Get a coke habit . . .

    Any other obvious things I've missed off???

    Gracias.

    #2
    5 will probably sort out 3 for free

    Oh and
    Register for VAT and PAYE scheme.

    3 will probably do that for you to.
    Your parents ruin the first half of your life and your kids ruin the second half

    Comment


      #3
      you need to learn as much as you can about the sports car you supposedly have on the drive and also be going through or have had a messy divorce...

      And have a bit more cynicism about ya....
      --------------------------------------------------------------------------------

      SA - Is it like a dragons nostril?

      Comment


        #4
        Originally posted by kramer
        And have a bit more cynicism about ya....
        Whatever . . . what do you know anyway.

        (How's that for starters?)

        Comment


          #5
          Originally posted by Badgers Armpit
          I'm hopefully about to take up my first contract. Speaking to the EB, I'll need to "move fast" on this one as "big companies don't like to hang around" or something similar.

          Having done a little research, I think I'll need to do the following to get things off the ground:

          1. Think up company name
          2. Register domains
          3. Register company
          4. Get a business bank account
          5. Get an accountant
          6. Get the contract checked by someone (Bauer & Cottrell?)
          7. Join PCG (insurance)
          8. Work out how to invoice

          (As the prospective contract is up in the big smoke of London town)

          9. Sort out train ticket (monthly, quarterly?)
          10. Get a coke habit . . .

          Any other obvious things I've missed off???

          Gracias.
          or forget 1-8 and all the assorted crap that comes with it and register at http://www.parasolit.co.uk/ and move directly to 9 & 10

          lights fuse, stands back

          Comment


            #6
            Read these first.

            http://www.contractoruk.com/first_timers/index.html

            http://www.pcg.org.uk/cms/index.php?...=27&Itemid=217

            HTH

            Comment


              #7
              Strangely, I did read those before posting. Just wanted to check I'd got the basics from them & glean anything else from the horse's mouth (I'm sure they'll be along soon!)

              Comment


                #8
                11. Insurance - PCG will cover IR35 (and PAYE) investigations I think depending on level of membership. They also have links to discounted prof indemnity, EL & PL.

                Comment


                  #9
                  Originally posted by Badgers Armpit
                  Having done a little research, I think I'll need to do the following to get things off the ground:

                  1. Think up company name
                  2. Register domains
                  I found it easier to get the domain name first (from an expired list) and chose a company name to fit.
                  His heart is in the right place - shame we can't say the same about his brain...

                  Comment


                    #10
                    Originally posted by Mordac
                    I found it easier to get the domain name first (from an expired list) and chose a company name to fit.
                    And how is Fat, Hairy and Smelly Limited doing?
                    "Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny. "


                    Thomas Jefferson

                    Comment

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