First Timer

[gingerjedi]

You lot sound very well disciplined, whatever happened to spending half your life drinking champagne, perusing autotrader for 911's and holidaying in the Maldives... and then the other half pleading bloody poverty?

Well that's my experience of contracting so far.

 

[Xenophon]

You lot sound very well disciplined, whatever happened to spending half your life drinking champagne, perusing autotrader for 911's and holidaying in the Maldives... and then the other half pleading bloody poverty?

Well that's my experience of contracting so far.

I shall continue to live the toxic bachelor lifestyle while I can.

 

[Mr Crosby]

It would be rude not to.

 

[lukemg]

"3 - Company takes 20 minutes - a few days to setup (I use managed limited from SJD), get the contract first."

How does this differ from a normal Ltd company? Is it like a composite?

TE, It's a normal Ltd company, not a composite. They do all the admin, payroll, company docs etc etc. Not cheap though (120/month). But I hated doing all that stuff so it's worth it to me to take the grief away.

 

[Benny_UK]

Thanks for all the advice.

Will do a bit more research then come back to you all.

Ben

 

[Pig]

Why not work under a brolly to start with only costs bout £25-30 per week and no hassle with accountants and such like. Then if you want set up your own company. See if it's for you like contracting first it's not everyones idea of fun.

 

[v8gaz]

A decent brolly like Brooksons is probably a good way to start. Ltd Co can be in your hand in 3 hrs - google for company formation, but if its all new to you, get an accountant to help.

Biggest problem is that notice period. NO-one is going to wait 4 weeks for a 'tractor to start, but I can understand if your nervous. Start applying for jobserve roles, and see if you get a response. They'll tell you to get lost when you tell them about the notice period, but at least you'll know if there will be offers.

Oh, and as a newbie, expect agencies to take the proverbial with rates.

 

[BoredBloke]

Brookson are a composite not a brolly

 

[v8gaz]

Whatever, I'm not a user myself. Does the trick though, and I hear good things from those who do.

 

[BoredBloke]

Except that the IR have composites on their radar.