Originally posted by McKieThanks
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Reply to: New contractor question...
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Previously on "New contractor question..."
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I wouldn't say I'm looking for 'decent' roles. Anything upward of equivalent £150 per day would be scrumptious compared to my current position. I have seen a few asp.net c#/php/ajax/js/css/xhtml/mvc/seo/jquery etc jack of all trades contracts offering ~£250 per day.
I realise it's not quite the same as buying goods, selling for profit and hiring people kind of running ones own company, but its the idea of choosing the more complicated life for better money that interests me. I also like the idea of putting my £3,000 rail season ticket down as an expense.
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The thing you want to be most worried about is getting decent roles. Newly qualified with little experience doesn't exactly cut it in a market where the reason a company would go to a contractor is for someone that can hit the ground running with a wealth of experience. Especially with a downturn on.
There is also a difference between being a company director/owner and a contractor. Most of us have our own companies for the tax perks and not because we yearn to be the owner of a profitable new company.
You need to have a think about which of the two you are going to. Farm your ass out like most do or be a proper company with empoyees offering services/goods.
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From what I have read, I got the impression that as the economy as a whole picks up, contractors are in high demand? I won't be leaving my current job until the end of February and until then I plan on spending the majority of my spare time learning new skills.
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Originally posted by McKieThanks View Post
During university I picked up a number of clients for which I do sporadic web development work, the odd £1,000 here and there.
Good luck with it! Very tricky market at the moment but I guess if you're young-free-single you'll have more options. Worth picking up some niche web related skills asap if you have the chance to distance yourself from the competition.
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Originally posted by chicane View PostI wouldn't place too much emphasis on working for more than one client as a viable IR35 defence - although others will argue otherwise.
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Originally posted by McKieThanks View PostMy question is, if I became a contractor and registered a limited company, would I be able to bill these little jobs here and there through the company
Originally posted by McKieThanks View Postand how would this affect my IR35 status?
At a guess I'd hope it would demonstrate that I do not work just for one company.
I wouldn't place too much emphasis on working for more than one client as a viable IR35 defence - although others will argue otherwise.
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New contractor question...
So firstly, hello, I'm new to this forum and also contracting as a whole. I graduated university this year and am now in a permanent web development role. I am not enjoying the job at all and have always wanted to run my own company anyway so contracting seems like a good idea.
During university I picked up a number of clients for which I do sporadic web development work, the odd £1,000 here and there.
My question is, if I became a contractor and registered a limited company, would I be able to bill these little jobs here and there through the company, and how would this affect my IR35 status?
At a guess I'd hope it would demonstrate that I do not work just for one company.
Any thoughts would be appreciatedTags: None
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