Are you an IT contractor or thinking about becoming an IT contractor?
IT contractors and freelancers are high in demand, as their specialist skills are highly sought after and recruiters and clients all over the UK are constantly looking to fill in skills gaps with flexible IT professionals. This means IT contractors and freelancers have the potential to negotiate for higher rates of pay than ever before depending on how high in-demand their skills are.
IT and technology firms everywhere are moving to increase their cyber security and gain a competitive edge in the industry, so being an IT contractor in this environment could offer you a rewarding and fulfilling career, and help you further develop your skills and experience as an IT professional.
There is a wide variety of IT contract roles available, including IT Support, JAVA Developer, Test Analyst, and Technical Architect, to name a few.
If you are thinking of becoming an IT contractor or have already done so, you may find you need support of your own to help you with invoicing your clients or agency, managing your payroll, completing tax returns, filing your end of year accounts, and more.
We offer a streamlined and bespoke contractor accounting service that allows you to focus on your contract work without having to worry about using even more software than you already have to on the job.
We take away the stress and burden of paperwork and number crunching by doing the following:
Please call us on 01707 871622 for more information.
Here are just a few benefits of becoming an IT contractor:
Increased earning potential: Because the skills of contractors and freelancers are in high-demand, this gives you negotiating power when it comes to your rates, meaning you have an increased earning potential over a permanent employee. Furthermore, working through your own limited company can give you the highest take home pay level of up to 80%.
Flexibility: Contracting allows you to choose when and where you work, giving you more flexibility in your career. You also aren’t restricted to working traditional 9 to 5 hours, which can increase your free time and improve your work/life balance. More professionals than ever see flexible working as a factor of high importance in their careers.
Professional development: When you choose to be a contractor or freelancer, you are giving yourself the opportunity to further develop your skills and abilities as an IT professional. You can work on a variety of different projects for different clients and organisations, allowing you to accumulate a higher level of skills and knowledge.
When you become an IT contractor, there are a few options you have to pay yourself as you won’t be on your client’s payroll.
Two initial options you have to operate as a contractor include being a sole trader or working on your agency’s payroll. However, here are the more popular payroll options for IT contractors, and the benefits of each:
Churchill Knight & Associates Ltd and Churchill Knight Umbrella are proudly accredited by the Freelancer and Contractor Services Association (FCSA). The FCSA is the UK’s leading professional body dedicated to ensuring the supply chain of temporary workers is compliant with HMRC’s rules and regulations. We believe that being an accredited member of the FCSA is the best way to showcase our commitment to compliance within our sector.
Whether you’re using one of our limited company accountancy packages (Churchill Knight & Associates Ltd) or you’re an umbrella company employee (Churchill Knight Umbrella), you can rest assured knowing that you are in the very safest hands.
