Contractors information

Contracting is a great way to give you

  • Flexibility
  • The freedom of being your own boss
  • Financial Benefit
  • Development of current skills and opportunity to gain new ones
  • Self-determination
  • A variety of roles that fit into your lifestyle
  • The chance to experiment with new positions, companies and industries
  • Career progression
  • New environments, locations and people
  • Career breaks if you need them for further study, travel etc
  • The chance to establish good business contacts

What you need to do

Being a contractor means you need to set up a method in which to get paid by either setting up your own limited company or going under the umbrella of another company who will manage everything for you for a fee. See the links below for umbrella options or Companies House for setting up your own business.

www.jsagroup.co.uk

www.parasol.co.uk

www.danbro.co.uk

www.charterhouseplc.com

www.contractoruk.com

www.companieshouse.org.uk/infoAndGuide/companyRegistration

If you are a contractor from abroad you will need a P46 and you will also need to apply for a National Insurance number. This is required to make you eligible for tax and legally allowed to work in the UK. For more information see www.inlandrevenue.gov.uk/nic

You will require Employers Liability insurance as a legal requirement and may need Professional Indemnity and Public Liability insurances. Contact an insurance specialist to get the best advice.

www.caunceohara.co.uk

www.trafalgar.uk.com

The Citizens Advice Bureau - www.adviceguide.org.uk/index/life/employment
This website provides a variety of Employment related issues explained with further recommendations and clear explanations of your rights in the work place.

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