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.

The pages

Should I set up a Limited Company?

Being a sole trader is the most common way to operate a fledgling business. However, as a freelance business grows, it’s likely you’ll be better-served setting up a Limited company. This quick guide gives a run-down of the benefits of doing so.

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Choosing a Limited Company Name

Before you can form a Limited Company, you will need to choose a name! That might sound easy, but there are a number of things you will need to consider.

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Choosing a Contractor Accountant

When contracting through your own Limited company, it can seem like a daunting task to choose your accountant – there are hundreds out there, so how do you choose the best one for you?

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Permanent to Contracting using an Umbrella Company

When moving from permanent employment to contract work, an Umbrella Company is often the first step a freelancer will take. After all, it is easy to set up with an Umbrella, there is no commitment and your week-to-week administration will be minimal.

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How to Become a Contractor

Making the jump to contracting can be daunting – giving up the comfort and security of a permanent job is a big step, and it isn’t for everyone. However, when we speak to our professional contractors, almost all of them say the same thing – they’d never go back!

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Advice on Choosing an Umbrella Company

When choosing an Umbrella Company, it’s vital to consider the following: Compliance. This is the big one! Umbrella companies are employers and all must calculate your pay in the same way. If they’re promising 80% or more take-home pay, they’re probably taking liberties with your payment calculations. Although it’s tempting in the short-term, using a Read More...

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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.

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How to Write a Contractor CV

Selling yourself to potential clients is a vital part of securing contract work. It simply doesn’t matter how qualified and capable you are – if you can’t get through the door to interview, you’re never going to make it in the contractor marketplace.

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