Contractor & options

cash_cow

Registered User
Messages
31
hello,

I'm about to become IT contractor and wondering what the best options for tax, etc. I see there are companies offering service such as Umbrella Employee, Umbrella Director, Private Limited company and a monthly rate is charged for those.

Would it make more sense to go directly via an accountant ?

thanks.
 
Hi,

you are probably better off with your own limited company. However many people go for an umbrella company if they dont want the hassle of that or if they expect to return to a permanent job once the contract finishes

Good luck
RB
 
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