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News and resources for IT Contractors

  • Limited Company
    • Contracting via a limited company – advantages and disadvantages
    • How to set up a limited company as a contractor
    • Limited or umbrella company – which is best for contractors?
    • Choose a limited company name — and what to do If you change your mind
  • Umbrella Company
    • How to compare umbrella companies: 20 things to consider
    • Contractor umbrella company fees – how much do they charge?
    • How can you find umbrella company reviews?
    • Umbrella Company Directory
    • Umbrella Company Calculator
  • IR35
    • IR35 and Off-Payroll explained – a simple beginner’s guide
    • When was IR35 introduced? Timeline from 1999 to 2023
    • Download free IR35 contract templates and example clauses
    • Guide to IR35 contract review services for IT contractors
  • Accounting
    • Contractor accountants – what to look out for
    • Do you have to appoint an accountant for your limited company?
    • Contractor accountant fees – what are the typical costs?
    • Your company annual accounts – the basics, and filing deadlines
    • Accountants Directory
  • Tax
    • What is the most tax-efficient director’s salary in 2025/26?
    • Corporation tax – guide for limited company contractors
    • Limited company tax basics for contractors
    • What are limited company dividends and how are they taxed?
  • Expenses
  • Insurance
    • Professional Indemnity
    • IR35 Insurance
    • Employers Liability
    • Public Liability
    • Life Insurance
    • Income Protection
    • Private Medical Cover
    • Critical Illness Cover
  • Work
  • Finances
    • Contractor Pensions
    • What is a SIPP?
    • Contractor Mortgages
    • Business Banking
    • Tide Bank Account
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Being a Contractor

How to set up in business as an IT contractor, find contract work and deal with the world of recruiters and clients.

Here are our key guides to starting up, and enjoying a long and successful career as a professional contractor:

  • How to become an IT contractor – key steps to follow to make sure that contracting is the right fit for you.
  • Which factors determine how much contractors earn? – your ability to learn relies on your own skills, as well as the current state of the market and general economy.
  • Dealing with recruitment agencies – most contractors work via agencies. How to deal with the murky world of recruitment.
  • Contracing advantages and disadvantages – the pros and cons of life as a contractor, compared to working as a traditional employee.
  • Interviews – why preparation is the key to success – why people skills are still important in the insular world of IT contracting.
  • How to write the killer contractor CV – make sure your CV stands out and isn’t one of the majority that go straight in the bin.
KID contractor

Key Information Document (KID) – guide for umbrella contractors

Posted by By James Leckie 22nd January 2025
All umbrella workers should receive a Key Information Document (KID) from their recruitment agency before starting a new contract.
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Contractor CV

What recruiters want to see on an IT contractor’s CV

Posted by By James Leckie 12th January 2025
Clients and agents need to recruit people who can join a project and get on with the job from day one. Accordingly, contractors' CVs need to be to-the-point and accessible.
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Becoming an IT Contractor

Become an IT contractor – 10 things you need to know

Posted by By James Leckie 2nd January 2025
If you want to become and IT contractor, here are some expert tips to help you get started. Updated for 2025.
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demand it contractors

Stagnant job market and IR35 remain key concerns for contractors

Posted by By James Leckie 17th October 2024
New research from a leading contractor accountancy firm shows that IR35 remains a critical concern for contractors, alongside securing new contract work in a difficult jobs market. The latest Contractor…
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negotiate contract rate

A guide to negotiating rates – before a new contract and at renewal

Posted by By James Leckie 2nd August 2024
We look at the steps you need to take before a new contract rate negotiation and at the extension renewal stage - with very useful advice from a recruiter.
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agency contractor timesheet

Guide to timesheets, invoicing and payments for contractors

Posted by By James Leckie 1st July 2024
We look at how contractor timesheets are recorded, how your recruitment agency is invoiced, and how the payment process works for both limited and umbrella company contractors.
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agency workers regulations

What are the Agency Workers Regulations (AWR)? Guide for contractors

Posted by By James Leckie 14th May 2024
The main aim of the Agency Workers Regulations is for temporary agency workers to be given the same basic working rights as other employees after 12 weeks.
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contract negotiate

How to negotiate your IT contract rate successfully

Posted by By James Leckie 15th March 2024
Negotiating your contract rate is a vital stage in your life as an IT contractor. In this guide, we look at the main factors which determine your bargaining power at any given time.
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How much can you earn it contractor

Contract rates – How much will you earn as an IT contractor?

Posted by By James Leckie 1st August 2023
How to work out what IT contract rate you can charge, and where to find average IT contract rate data online. It's harder to source than you'd think!
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Contractor Numbers

How many IT contractors are there in the UK currently?

Posted by By James Leckie 18th February 2023
From our experience of the contracting industry since 1998, we estimate that the total number of IT contractors is likely to be around the 100,000 mark.
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Popular Guides
How to become an IT contractor
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