Is anyone on here a contractor, especially an IT contractor? I have an opportunity to do some contract work for a consulting company which may only be a couple months and then a switch to permanently working for them or it may continue on for some time. I've yet to talk to the main man at the company about it (will be in the next few days) but one of the other director's suggestion was 2 months on a contract and then perhaps go permie.
Anyway, I spoke to a highly recommended accountant today who advised me to go with an Umbrella contracting company before thinking about setting up my own limited liability company in case the contracting work really was only for 2 months (which could save me some big upfront costs and time). After 2 months if I'm still contracting they can help me get set up with an LLC and get my accounting sorted out.
Anyway, I've read about IR35 and I know if you can be outside it it can be very lucrative, does anyone have an experience with this?
Thanks,
Matt
