confused newbie - Contractor UK Bulletin Board

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SueEllen replied

21 November 2007, 16:00
Originally posted by NotAllThere View Post

I fink you mean.

Thanks
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NotAllThere replied

21 November 2007, 15:51
Originally posted by SueEllen View Post

... and do NOT want to have the risk that the umbrella company goes bust then set up a limited.

I fink you mean.
Leave a comment:
SueEllen replied

21 November 2007, 15:50
There are lots of information on this site about what you can do.

Read this for starters
http://www.contractoruk.com/first_ti...ny_set_up.html

Also look on www.pcg.org.uk for their guide to freelancing.

Basically if you want to be in control of your finances and do NOT want to have the risk that the umbrella company goes bust then set up a limited.

Last edited by SueEllen; 21 November 2007, 16:00. Reason: word missing
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g5604 started a topic confused newbie

21 November 2007, 11:26
confused newbie

Hi,

I have been freelancing for over a year and I was just invoicing companies myself and filling out a self assessment form at the end of the tax year. I have just got a 3 month contract through a recruitment agency and they are telling me i will have to either setup as a LTD or go through a umbrella company. which is best and what happens to my self employment status?

g.
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