Well, I’ve taken the plunge.
Normally I take “Fixed Term Contract” positions, which means I’m on the company payroll and get all my entitled holidays, benifits etc… but I’ve taken the next step and have accepted a position where I am paid daily, and am not on the company payroll.
Its been a plan of mine all along, I just needed to gain the relavent experience to command a half decent rate. So when the opprotunity came along, I thought might as well go for it.
I’ve accepted a 12 month contract at daily rates. So, at least for my first venture into this brave new world, I won’t be out looking for the next gig in a couple months. I’ve a bit of security there.
I hope I’ve done everything right 🙂
I’ve engaged a firm which has provided me with a Ltd Company, of which I am the propritary Director. For a monthly fee they process my invoices, taxes, insurances, etc. They will prepare my Tax return at the end of the year and do all my day to day accounting and paperwork. The fee is reasonable I think, and its percentage based, so if i make less in a particular month, I pay less for the service (and if you’ve no work to invoice for they do not charge the fee that month). There are no entry/exit costs either so if I decide I no longer need thier services I can walk away from them.
I am aware if I did all this work myself I would save money, but I would like to do it this way for the first few months untill I see whats what, and what paperwork has to be done etc.
So basically, do you , or have you ever done this type of work?
Any good tips for me?
Any do’s / don’t?
What haven’t I thought of? 🙂
Thanks in advance!
Shell ]:)
