First Timer’s Guide to Contracting

Check out the 4 easy steps below to help you on your way to becoming a professional contractor.

1)   Calculate your Worth

It’s crucial to know your value when becoming a contractor. You need to set a price that reflects your skills and experience while also making you competitive within your industry. Here is a simple guide to understanding daily rate contracting.

2)   Get Good at Selling Yourself

No matter what sector you’re in, being self-employed means you need to be able to sell yourself as it will give you the best possible opportunity to land the kind of roles which are of most interest to you and of course, earn you the most money. If you need extra help in this department, career & professional coaches can help you build this skill, Icon Accounting can help direct you!

3)   Take Advantage of The Flexibility Benefits

Take advantage of your increased flexibility and structure each day how you want,  make use of the advantages contracting allows.

4)   Maximise your Financial Benefits

Professional contractors tend to earn significantly more than their permanent equivalents. Partnering with tax advisors who specialise in professional contracting will help you to make your additional earning potential work for you in the most tax efficient way. Tax can be complicated but using a company like Icon Accounting makes it simple.

See what services we provide here.