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Increasingly, contractors are looking beyond a single income stream. A common example we see is contractors taking on consultancy work alongside their main role. This might involve advisory work, short-term projects, or providing specialist expertise to other clients outside of their primary contract. While this is a great way to increase income, it raises an important question: How should this additional income be structured? Heres are your options to do so.

Financial success in contracting isn’t about luck. It’s about having the right people around you. And if we say so ourselves, few are more important than your accountant. Here’s why choosing the wrong accountant can turn contracting into a stressful experience and how working with a specialist provider like Icon Accounting can make the entire process simpler, calmer, and far more rewarding.

If you’ve recently moved into contracting, one of the biggest financial questions you might be asking is: “What should I do with my pension?” Reviewing your pension when you move to contracting is one of the smartest financial decisions you can make. Those forgotten pots could be doing far more for you. And taking control of them now can have a serious impact on your long term wealth and retirement flexibility. A phrase I often use with my clients is ‘it’s your money, be involved’