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News and resources for IT Contractors

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  • 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?
    • Your company annual accounts – the basics, and filing deadlines
    • Top 10 Contractor Accountants (2025)
  • 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

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.
agency contractor timesheet

Guide to timesheets, invoicing and payments for contractors

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

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

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?

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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recruitment agent contractor

How to deal with recruitment agents as a contractor

16th June 2023
Most contractors work via recruitment agencies - they are a key part of the contracting lifecycle. In this article, we explore how the recruitment process works, and how to successfully work with agents.
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Contractor Numbers

How many IT contractors are there in the UK currently?

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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Late payment it contractor

How to deal with late payment problems as a limited company contractor

7th January 2023
An overview of the late payment legislation and some proactive steps you can take to maximise the chances of getting your invoices paid on time.
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IT contractor daily rate

What hourly or daily rate can I earn as an IT contractor?

15th June 2022
How to work out what hourly contract rate you need to achieve in order to secure your target annual gross income.
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Interview Tips

IT contractor interview tips – how to impress clients

13th June 2022
The interview is a crucial step in your quest for that next IT contract and every care should be made to ensure that you impress.
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Limited company invoice

What to include on an invoice for contract work

8th June 2022
What information should limited company contractors include on their invoices?
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