First Timer Guides: Complete Guide to Starting Contracting | ContractorUK

First Timer Guides

There is a lot to consider when making the leap into contracting. How do you find contract jobs? How much can you earn? How do you write your CV? What's IR35? Do you use an umbrella company or start your own limited company? Do you need an accountant? Our first timer guides and resources will help you make sure you know everything you need to in order to get started.

50+ Expert Guides
18 Step-by-Step Tutorials
Getting Started

Is IT contracting the life for me? An overview

In this guide we explore the advantages and disadvantages of contracting and give 10 qualities that make a successful contractor.

Getting Started

5 signs you are ready to become a contractor

Wading out into freelance waters is much more reassuring when you can see the following five over your shoulder.

Getting Started

Life as a contractor: the good, the bad and the ugly

Succeeding at contracting is far easier if you understand its risks and rewards.

Getting Started

What's the difference between a contractor and a freelancer?

While these are not legally distinct roles there are some fundamental differences.

Getting Started

Can graduates become contractors?

An increasing number of graduates are choosing the contracting lifestyle over traditional grad jobs in the UK.

Getting Started

Quick start guide to limited company contracting: seven steps

From business planning to sorting your accounts, starting out as a contractor can feel like a lot. Here's how new contractors can forget the faff and hit the ground running.

Getting Started

A first-time contactor's guide to setting up compliantly to start UK contracting

Overview to what's needed to begin contracting, ranging from mindset and motivation, to understanding 'Ltd' and 'PSL.'

Getting Started

Top 10 tips for new contractors

How to succeed as a first-time contractor with technology skills.

Getting Started

Is it better to be a contractor or an employee? The pros, cons, and finances

Taxing and non-taxing ways to address the elephant in the room, which has been led out by the imminent IR35 changes.

Getting Started

From perm to contract: making the jump to contracting

Resisting the urge to rush is key to getting right what's a daunting but lucrative decision.

Getting Started

Do I quit before or after I land my first contract?

Contracting expert helps a time-poor permie get his ducks in a row.

Company Setup

Setting up your contractor company - Limited, Umbrella or PAYE?

An overview of the different options available to you and advice on the best way forward.

Company Setup

Limited or umbrella? Making the right choice

An umbrella company and a limited company each represent two of the most common business structures that contractors use. But, which one is the best option for you?

Company Setup

Advantages and disadvantages of a limited company

It's important to consider both the benefits and the downsides when choosing your business structure.

Company Setup

Should I go 'Ltd' or umbrella in 2019?

IR35 is now even managing to complicate New Year's resolutions.

Company Setup

Has sole trading got the edge on 'Ltd' contracting?

Adviser attests to the 'pros' of being self-employed, but finds it has more 'cons' than a PSC.

Company Setup

Umbrella companies for nurses, teachers, and doctors

Why public sector workers are choosing to work through brollies.

Company Setup

Umbrella company timesheet: overview for contractors

Tips, tricks and heads-ups to ensure it won't be your timesheets that slip you up.

Finding Work

Researching your market

How to ascertain demand for your skills and sell your strengths.

Finding Work

How to find IT contract work - online searching

There are several key ways to find your first contract role. This section helps you on your way if you're new to IT contracting.

Finding Work

How to find IT contract work - networking and offline searching

"It's not what you know, it's who you know" and other ways to keep off the bench.

Finding Work

IT contractor guide: how to write a good CV

Your prospective hirer will very likely be bombarded with CVs for any given vacancy. We tell you how to make the best of your CV.

Finding Work

Why companies employ IT contractors – A contractor's view

The advantages and disadvantages of hiring contractors from a client's perspective.

First Contract

Your first contract

Once you have secured your first contract role, agreed a rate and a start date, a contract needs to be signed...

First Contract

I've got my first contract, now what about IR35?

Congratulations! You've done the hard bit. We now need to consider IR35. Click here for our guide, together with details of how to get your contract expertly reviewed.

First Contract

Diary of a first-time IT contractor – Lessons learnt

Owen spots the permies, discovers where not to log the vitals, and knuckles down to embrace IT contracting.

First Contract

Diary of a first time IT contractor - The first day

Owen settles in with a change of PM, a lack of interest from his colleagues but a gut feeling he's made the right decision.

First Contract

Negotiating a rate rise: five fundamentals

First-timers can't afford to flinch when a potential premium is on offer.

First Contract

Six questions that stop your invoice getting paid

What agents, clients and HR will bug you about where your invoice leaves room for doubt.

Money Matters

Do I need an accountant?

If you have decided to trade through your own Limited Company then you really ought to have an accountant to help you with the various forms, obligations, taxes etc.

Money Matters

Choosing a Limited Company Accountant

Everything you need to know about finding the right accountant for your limited company.

Money Matters

Financial Matters - No nonsense summary!

To put it simply... If you are working through a limited company, you will pay yourself a monthly salary (many take a small salary). Those caught by IR35 will pay themselves a 'deemed salary'.

Money Matters

A new contractor's guide to self-assessment

Five steps to help keep the taxman off your back when filing your first tax return.

Money Matters

What tax changes will affect the take-home pay of new contractors?

Don't act in haste but do get clued up, whether the measures are personal or business.

Money Matters

Can I still get a mortgage as a contractor?

The answer is yes, and sometimes with deals better than you could get as a permanent employee! Click here to find out more.

Money Matters

Contractor Accountants in Manchester

Contractor accountants in Manchester can help manage the administration required to run a limited company.

Money Matters

Contractor Accountants in London

Contractor accountants in London can help manage the large amounts of administration required to run a limited company.

Advanced Topics

Final considerations

So, you've found your job, beaten IR35, got yourself an accountant and started trading. What else is there? Well, what about training to keep your skills up to date, what happens if you get sick etc. Click here for ways to mitigate these challenges.

Advanced Topics

Supply teaching using a limited company

Advice on how to work through a limited company in the education sector.

Advanced Topics

Coming to the UK for Contract Work – a UK Expat Contractor's Guide

If you want to work as a UK expat contractor, there are a few things you need to know.

First Timer Resources