Contractor Guides

Over the years, we have come across thousands of contractors from every profession imaginable. From IT contractors to engineers to project managers, we know that working for yourself is an exciting but sometimes complicated adventure.

Bearing in mind the questions we’re frequently asked by new contractor clients, we decided to put together a diverse range of guides to help you with all of the elements that come with being your own boss. From the intricacies of IR35 legislation to how to invoice for expenses, we have you covered.

Contractor's Guide

Guide to Contracting

 

Limited Company vs Umbrella Company

Limited Company vs Umbrella Company

Whether you are considering becoming a contractor or just need reminding of the basics, our guide to contracting will provide you with all of the information you need to get started.

 

Not sure how best to set up? In this guide we evaluate the differences between a limited company & umbrella company, as well as the potential benefits & drawbacks to each structure.

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Permanent to Contracting

Moving from Permament to Contracting

 

Setting up Limited Company

Starting a Business

If you are thinking about making the transition from permanent employee to self-employed, our guide breaks down what to expect as you jump into the world of contracting.

 

If you’ve decided to go down the limited route on your contracting journey, you’ll likely have questions on how you set up. This guide includes everything you need to know about setting up a business.

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Finding a Contract

Contracting through a Limited Company

 

Finding a Contract

Finding a Contract

Since we began advising limited company directors in 1992, we’ve been asked a lot of questions. We’ve put together the ones we most frequently hear here.

 

It can be daunting when you are in charge of getting in your own contracts, which is why we have put together a cheat sheet in how to build your network fast & get your own contracts.

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Contractor Expenses

Contractor Expenses

 

Guide to Dividends

IR35: A Guide for Contractors

Logging expenses can significantly reduce your tax bill, so it’s vital to understand how expenses work for contractors, what you can claim & how it can be claimed against your tax each year.

 

What is IR35 and what does it mean for me? IR35 can seem complex, which is why we have broken it down and how it will affect you in our easy-to-read guide.

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Take Home Pay Calculator

Take Home Pay Calculator

 

Growing Your Business

Growing your Business 

Thinking of what you could potential earn as a contractor? Use our take home pay calculator tool to see an estimation of how much you can earn as a contractor.

 

 Once you have established your business, it may be the time to grow it. We have outlined the ways you can take your limited company to the next level.

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Dividends Guide

Contractors Guide to Dividends

   

Confused to how dividends work whilst contracting? In this guide we outline how to take dividends out of your limited company and paying yourself a salary.

   

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Help with your questions from SJD

Still not found the answer you're looking for? Why not try our Contractor Frequently Asked Questions section.

For further information or advice, please call our new business team on 01442 275789 or email newbusiness@sjdaccountancy.com.