Becoming a Contractor

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Taking that first step and deciding to become a contractor is an exciting time and there are lots of new changes on the horizon. You’re in charge of finding work and managing your own finances, so there’s plenty to think about.

Being a new contractor can be a busy time, but help is at hand. To help make the transition easy and seamless, we’ve put together some information with everything you need to know in the early days. Whether you’re wondering what the benefits of becoming a contractor are or you’re looking for something a little more hands-on like how to form your own company, we’ve got you covered.

Man working on his smartphone reading the contractor attitude survey

Finding Work As an IT Contractor

After working for years as a project manager in an IT department for a small company, I decided I was fed up being tied to my desk all day everyday…

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Marketing Yourself as a Contractor

Anyone considering freelance work must have enough experience in their chosen field in order to sell their services credibly as a freelancer. But beyond that, the most vital thing is…

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Our Customer Promise

Everything we do for you has one purpose – to make your business life as simple and rewarding as possible.  Our aim is to put you, our client, at the…

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Can I Do My Own Accounts? And iXBRL Format

You may also find our article on DIY Accounting helpful. Well, of course, you can! If you’re an accountant yourself, or if you’re some kind of maths whizz that also happens to…

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Contracting at AXA

Contracting at AXA As one of France’s most successful investment banks, AXA also deals with insurance and retirement plans, asset management and wealth management. Their reputation may be global, but…

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Permanent to Contracting using an Umbrella Company

Whatever industry you work in there are many benefits to working as a contractor, which may tempt full time employees to make the move. If you are considering leaving permanent…

Contractor holding out their hand to prospective client looking to find a contract

Contractor’s Guide to Finding a Contract

So, you’ve made the jump to self-employment – but what’s next? Besides doing all the admin that comes with setting up a limited company in the UK, you will also…

Sketched man weighing up the options of choosing between contracting through a Limited Company or Umbrella Company

Limited Company vs. PAYE Umbrella: The Ultimate Guide

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…

Chess Knight Piece Moving From Permanent Employment to Self Employment

Moving from Permanent to Contracting

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.

Calculating tax and expenses with a ledger, a calculator and a laptop can be very confusing leading contractors to ask if they need an accountant

Do I Need an Accountant?

As a client of SJD Accountancy, all your company needs and personal tax affairs are covered by our complete business package for a fixed fee starting from £120 plus VAT per month. Check our…

Scrolling through ledger entries on a tablet screen through online accounting software

Online Accounting Software

Do you need to buy bookkeeping software as well as have an accountant? As a contractor, freelancer, consultant or interim manager either working through your own limited company or planning…

Calculator and worksheet are part of contracting through your own limited company

Fixed Fee Accounting for Contractors

Many people take out pet insurance so that, should their furry friend experience any type of health issue, they don’t have to worry about a large vet’s bill – but…

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Benefits of Having an Accountant

What do you get out of getting an accountant? We have detailed all the benefits an account can bring you and how to find the right one.

Working on a tablet with a stylus, online contractor accountants are easily accessible through web based portals

Online Accountants – And Why You Shouldn’t Use Them

Let’s be clear, an online accountant is a piece of software not an accountant. Tax is complicated, even HMRC’s expenses guide is over 100 pages. Therefore it’s no wonder having…

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Contractor or Permanent Employee?

Uncertain if making the move into contracting is for you? For many people, the idea of working as a permanent employee as opposed to a contractor would mean a lot…

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Contracting at Jaguar

As one of the UK’s most iconic car manufacturers, the Jaguar name is a prestige brand which makes it very popular amongst contractors as well as those in the market…

contracting at hsbc

Contracting at HSBC

HSBC is not just one of the UK’s best-known banks, but also one of the largest banks in the world. With headquarters in London, where it was founded in 1991,…

High rise buildings in the night sky of London, Edinburgh is the home to the RBS Royal Bank of Scotland

Contracting at RBS (The Royal Bank of Scotland)

RBS, or the Royal Bank of Scotland Group Plc, is an insurance holding company and a bank which is based in Edinburgh in Scotland. Their range of brands and banking…

Clear shot of Barclays building denoting contracting at Barclays

Contracting at Barclays

As one of Britain’s best known multinational banks, Barclays has a headquarters in London, but a reputation which has spread throughout the world. As the seventh largest bank worldwide, based…

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Becoming a Contractor Factsheet

 Becoming a Contractor Fact Sheet

Closeup of handbook with a list of notes on the advantages of becoming a contractor or soletrader

Sole Trader or Limited Company

We get asked this question all the time and there really is no easy answer. Everyone’s situation is different, and what’s right for one person might not be right for…

Wooden cubes denoting how to start a contracting business

Setting up as a freelancer, what’s it really like?

Even after more than 10 years of being a freelancer, the ability to go from bed to desk in all of about 15 seconds still never ceases to make me…

Person writing in a notebook describing their life as a contractor

Reality of Life as a Contractor

It is not hard to see the appeal of becoming a contractor, but as I and many contractors before and after me have found, things are not always as simple…

Stack of currency shows how to get the best contractor rates

Getting The Best Rates as a Contractor

There are two broad approaches to getting the best rates, and I follow them both. One involves chasing short-term revenue (because I need to eat), and the other focuses on…

British currency related to eligible contractor expenses

Take Home Pay Examples

Steve is using an umbrella company that charges him a monthly fee of 5% of his earnings and Julie had previously worked through an Umbrella company and decided it was…

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Life as a First Time Contractor

I spent several years contracting as a data analyst for some large London-based firms before turning my hand to running information sites for the contracting industry. This article covers some…

A closeup of a blank name tag denoting the exciting task of choosing a limited company name

Choosing a Limited Company Name

Trading through your own limited company means that it is a legal requirement to register a company name, it also helps give your service ‘identity’ which people will recognise. Your…

Wooden blocks stacking up wondering how to become a contractor

How to Contract Through Your Own Limited Company

Running your own Limited Company is actually very straightforward. Step 1: The first thing you’ll need to do is form a limited Company. This will take 5 minutes and your…

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How to Become a Contractor

If you're thinking about becoming a contractor, read our guide for everything you need to know.

Whiteboard closeup for lesson on how contracting works

Guide to How Contracting Works

Contracting in a sector of work you feel passionate about seems like a great idea. Choose your own hours, work in your pyjamas, take long lunches . . .  what…

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Guide to Being a Consultant

If you are looking to be a consultant (or are just brushing up on the basics!) - then do we have the guide for you. Read our free walkthrough to…

Calculator and worksheet are part of contracting through your own limited company

Seven Secrets to Optimising Your Income

Freedom . . . being your own boss . . . more money . . . doing more of the type of work that you enjoy doing . . .…

Close up shot of working on a calculator determining how much can i earn as a contractor

How Much Can I Earn as a Contractor?

One of the most important questions for contractors when they move from permanent employment is how much they can expect to take home. Typically, contractors are better paid than permanent…

Thumbs up from a contractor in a meeting about the benefits and advantages of contracting

The Benefits of Contracting

Thinking about going self-employed? There's lots to love about working for yourself. Discover some of the benefits of contracting in our in-depth guide.

Closeup of making the move from permanent to contracting

Contractor’s Guide to Moving from Permanent to Contracting

Top tips on what, why, when, how and in what order! Download your free guide on Moving from Permanent to Contracting here. On the whole, contractors can earn more than their…

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Contractor Accountants: How to Choose The Right One

Financial support is essential when working for yourself. Find out how to pick the right accountant for your business and the things you should consider.

Desk with money bank showing how a contractor can pay less tax

Guide to Paying Less Tax

As a contractor, taxes can be a tedious process. We're sharing our insight to help you save money and pay less tax through your limited company.

Closeup of a pen, ledger and calculator for DIY accounting

DIY Accounting

Do It Yourself accounting is simply doing your accountants yourself. Though should you do it yourself? Of course you can do your accounts yourself if you’re an accountant, some kind…

Savings growing by checking contractor rates and taking advantage of the perks of being a contractor

Contractor Rate Checker

Deciding what to charge as your contractor day rate can be difficult. You don’t want to overcharge and risk being undercut by other contractors, but similarly you don’t want to…

Tetris block s denoting how a contractor can play around with different Business Structures

Business Structures

Being self-employed means you will need to consider the different ways you can operate your business. Read our guide to discover the options available to you.