First Time Contractor - good source of "what do I do" information needed!

[SimonMac]

No one is allow to rip newbies to shreds in this forum Thomas.

Even suspect posters will be treated with respect.

Awwww but mum! You never let us have any fun anymore

[Meera @ K&B Accountancy]

Limited or umbrella

Hi There

You really need to establish the most suitable and compliant solution for you in the first instance. A good umbrella and limited company provider should be able to guide you through your options and tell you the differences including potential net income on each option as well as legalities you need to be aware of, such as IR35.

Mod snip: or not Meera. Please read the T&Cs of these forums. If you want to promote your company while helping regulars, please ask admin to change your login to meera@myco.com

Thanks

[ThomserveBAS]

The world doesn't revolve around you, you know

Dammit! When did that change?!

p.s. my name isn't Thomas

[cojak]

Dammit! When did that change?!

p.s. my name isn't Thomas

You don't say, my name isn't cojak...

[ThomserveBAS]

You don't say, my name isn't cojak...

Firstly, I never said it was and secondly, nowhere in my username does it say Thomas

Anyway, totally off topic.

I got a lot of the information I needed for the administrative side of becoming a contractor mainly from this site, but also with a bit of Google action chucked in. Got my limited company registered, bank account opened and accountants on hand using my peers who are already contracting.

Setting everything up is easy, getting a contract on the other hand (in my experience so far) is no, but YMMV.

I cannot recommend LinkedIn highly enough, as well as being your shop window, it is also a great tool to get your name about by networking with like-minded individuals. I've also been doing a lot of offline networking using friends and friends of friends to get me into their circles.

[northernladuk]

Firstly, I never said it was and secondly, nowhere in my username does it say Thomas

Thomas is a better name than Thomserve IMO Changed it by deed poll?

[SimonMac]

You don't say, my name isn't cojak...

Next you will be telling us that's not you sucking on a lollipop

[northernladuk]

Next you will be telling us that's not you sucking on a lollipop

My world is falling apart

[Wanderer]

Next you will be telling us that's not you sucking on a lollipop

You've totally ruined it for me too now.

[Waldorf]

Hi,

been in permanent employment from day 1, but just been made redundant for the second time in 5 years and have decided to look for my first contract!

There's lots of information out there on the web, but I wondered if anyone could recommend a really good 'getting started' guide or similar? Especially hints & tips for the first-timer?

I believe I have to set-up a limited company rather than go through an umbrella organisation?

Any help appreciated!

Thanks
Mark

This is quite a good guide provided by my accountant http://www.nixonwilliams.com/images/...ny%20Guide.pdf