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One-off 3 month contract advice needed

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    One-off 3 month contract advice needed

    Hi,

    I have been offered a one-off 3 month role at a company and they want me to be a contractor. I have never contracted before, so I have no idea what I am supposed to do.

    The contract is for 3 months, the daily rate is £250 and I anticipate that I will not do contracting work again after this role. I am taking this role to fill some time whilst I sort out permanent employment in which I will not be a contractor.

    Any advice would be greatly appreciated.

    #2
    Originally posted by Hippopotamus View Post
    Hi,

    I have been offered a one-off 3 month role at a company and they want me to be a contractor. I have never contracted before, so I have no idea what I am supposed to do.

    The contract is for 3 months, the daily rate is £250 and I anticipate that I will not do contracting work again after this role. I am taking this role to fill some time whilst I sort out permanent employment in which I will not be a contractor.

    Any advice would be greatly appreciated.
    Talk to Contractor Umbrella. They are a good bunch, and the right structure for you.

    Best of luck.

    Comment


      #3
      Originally posted by Old Greg View Post
      Talk to Contractor Umbrella. They are a good bunch, and the right structure for you.

      Best of luck.
      Agreed. Use an umbrella company, do not consider anything else, if anyone mentions retaining 75%+ of earnings, ignore them.

      Comment


        #4
        One final thought it may be worth considering using this time to top up your pension, depending on personal circumstances.

        Comment


          #5
          Originally posted by Old Greg View Post
          Talk to Contractor Umbrella. They are a good bunch, and the right structure for you.

          Best of luck.
          100% this /\
          I am what I drink, and I'm a bitter man

          Comment

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