New Contractor

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Guest replied

20 January 2004, 13:52
Re: re:New contractor

Put in on tax return!
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Guest replied

20 January 2004, 11:09
re:New contractor

For such a short term deal you can use an umbrella and they will just charge you a fixed fee for the week/month. They will invoice the client etc... and then payroll the money, minus their fee and NI/PAYE of course, into your bank account.

The ones generally recommended on this forum are Parasol IT and Orange Genie.
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Guest replied

17 January 2004, 17:20
Just declare the money on the 2003/2004 tax return.
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Guest started a topic New Contractor

17 January 2004, 10:16
New Contractor

Hi,

I have just been awarded an 8 day contract. Unfortunately that will probably be the limit of my contracting for the year.

What is the best method of getting paid?

(a) Start a limited company? Although this involves accounting costs etc.

(b) Self-employed?

(c) Umbrella? How does this work.

Thank-you for your help.
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