Contracting in IT: what you need to know as an IT contractor
If you’re new to IT contracting, you’re at the start of an exciting adventure. You’ll no doubt be thinking about the sort of work you want to do and how you want to grow your business.
At the outset of a new business venture, there are also many accounting, legal and tax considerations to take care of. At Boox, we’ve guided many IT contractors through these stages. Our guide, New to Contracting, is the result of our knowledge and expertise in helping businesses like yours get off the ground.
[Download the guide, New to contracting]
Getting set up
At Boox, we’ll take you through the process of setting up your business. We’ll help you decide whether to be a sole trader, work through an umbrella company or establish your own Limited Company. As well as setting up your Limited Company for you, we’ll help you register for corporation tax and VAT.
IT contractor obligations
We’ll also help you meet your obligations to HMRC and Companies House and advise you on any IT contractor insurance policies you may need. This means you can concentrate on winning new business and earning money from the word go safe in the knowledge that you’re on the straight and narrow.
Getting the most from IT contracting
Most importantly, we’re here to help you make an easy transition from permanent to IT contracting and enjoy all the benefits it has to offer. These range from being your own boss and choosing what work to take on and who for whom, to being free to decide how much holiday you take and when.
And don’t forget – IT contracting also means maximising your take home pay.