Starting Up

Making the move to contracting should be an exciting time. In this section James has included a number of guides he believes contractors will find helpful, when they are considering making the move.

If you would like to appoint Dolan Accountancy as your accountants, please visit our become a client page or if you have any questions about contracting please call us on 01442 795100 or email sophie.lewis@dolanaccountancy.com.

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Limited Liability Partnerships

Once you’ve decided to join the self-employed sector, there are many different options available to you – here we take a look at the Limited Liability Partnerships (LLP) route.

Limited or Sole Trader?

This is one of the most common questions we get asked – and the answer is different for everybody. Depending on your personal circumstances, you might be better off as a sole trader or as Director of a Limited Company.

Your income is a key determining factor, but it is also worth considering your appetite for risk, your future plans for your business and the amount of administration you are happy with.

Limited vs Umbrella

As a contractor, you’ll likely have heard a lot about both Limited companies and Umbrella companies. There’s plenty of conflicting information out there and it can be difficult to make an informed decision about the best option for you.