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

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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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 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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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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Differences between Contractors, Freelancers, Locums and Consultants

The terms freelancer, contractor, consultant, temp and locum are frequently used to mean the same thing – but that is not the case. If you are searching for contract roles or unsure how to refer to yourself, our short guide will outline the key differences between these terms.

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Finding the First Contract

It’s often said by freelancers that the first contract is the most difficult one to find. Some people are lucky enough to move into contracting when an opportunity lands in their lap – for others, it’s a career decision that can feel like a jump into the unknown.

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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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Is the IT Contracting Life for me?

Contracting is certainly different to being employed. You work for yourself – no bosses to deal with. On the flipside, you have sole responsibility for your own finances, and if you can’t find contracts, you don’t earn. A typical contract will range from one to six months, although contracts often run longer.

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