Help ! - First time contractor Help ! - First time contractor
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  1. #1



    Default Help ! - First time contractor


    I have just got my first contract this week starting next year.
    I left my previous permie job 2 months ago, and I havent had a job since.
    However at the moment I am in enviable position of having a contract starting at the beginning of the year and a permanent job offer from August. I am probably going to break my contract by August in order to take the permanent job offer.

    I will also have to take a HUGE paycut when I take the permanent offer in August, but I am not too worried about that as the offer is with a prestigious organisation and there are a lot of benefits etc.

    What will be the best tax efficient way considering I start the permanent job in August ? I have no ltd company or umbrella set up yet, and will have to next week.

  2. #2




    If it's only 6 months umbrella.

    You will also be giving contractors a bad name if you jack it in before the period you sign for (even if there is a notice period). If there is no notice period and you still ditch it I hope they sue the @rse off you.

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