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Starting out contracting

Our guide gives you the best advice to start contracting

Deciding whether or not to start contracting is difficult. Many spend months teetering on the edge, not fulfilled with their current work life, but also not confident enough to quit. Others may have already made the leap, but started off badly, whilst some may have been forced into contracting through redundancy or firing.

Whichever stage you’re at, the world of contracting is full of uncertainties, and requires hard work, intelligence, perseverance and the occasional stroke of good luck. But once you’ve mastered it, contracting can be the best way to work in the world, giving you the freedom to do what you love, whilst living life to the full.

This guide will help you to look at the situation objectively, giving practical tips and advice on how to succeed when you’re new to contracting.

“Crunch is great value for money, with a dedicated team that is always willing to help and no extra charges for the amount of time you spend picking their brains on the phone.” – Daniel Sweeney, Northforge Ltd

5

Starting out contracting

by Nick Chowdrey

Get guide

What you'll learn

  • Your legal status as a contractor
  • Your contracting tax options
  • How to manage clients
  • How much to charge
  • How to avoid IR35

Contents

  • Starting out contracting
  • Backup plan
  • Your business model
  • What is IR35?
  • Setting your rates
  • Finding contracting work
  • Financial and legal decisions
  • Managing clients
  • The choice is yours