If you are thinking of becoming a contractor, but aren’t exactly sure of the benefits behind leaving behind your permanent job, you are in the right place.
We have a wealth of experience in contractor accountancy and have broken down the key lifestyle and financial benefits that are available to contractors. In a nutshell, everything boils down to more money, greater flexibility and increased opportunities for development.
Many companies are starting to reduce employee benefits and is there really such a thing as a permanent or ‘job for life’ anymore? With this in mind, now is the perfect time to consider taking the next steps to becoming a contractor.
One of the first things that will pop into anyone’s head when they start thinking about becoming their own boss is the financial benefits that come hand in hand. These are obviously extremely compelling and some of the key financial benefits that you can expect are:
These are just some of the financial benefits that you can enjoy as a contractor, our expert accountants will be able to discuss them in more detail with you, call 020 7481 4743 and we will be happy to help.
We have covered the financial benefits of becoming a contractor, but another draw of the life of a contractor is flexibility. As a contractor you are effectively your own boss and with that comes a lot more flexibility than you would have enjoyed as a permanent employee.
Here are a few examples of the flexible nature of the life of a contractor.
A common misconception that many people have of contracting is that it is harder to develop your skills, especially if you are working in isolation; this couldn’t be further from the truth! In actual fact you will be working with a variety of different companies and this will help you to greatly develop your skills, for example:
As you can see, there really are countless benefits to leaving behind the life of permanent employment and becoming a contractor. That being said, we pride ourselves on being a transparent firm of accountants and of course there are some drawbacks of being a contractor, for example:
If you are ready to start your career as a contractor, the next steps are to call our friendly accountants on 020 7481 4743 and we can help to get your limited company setup in 24 hours.
Now that you know the benefits of contracting and have got a brief insight into the life of a contractor, you might also benefit from reading these useful guides.