Becoming a Contractor

Your Choices and Insight to the market 

The Navigator process is our unique method to help you establish the best way of working for your circumstances. So if you are thinking of becoming a contractor or even if you’re new to contracting, it will take you through what’s involved in running your own business, as a sole trader or limited company, or working through our umbrella company employment solution. The Navigator process will also set you on the right path to compliance, making sure you stay on course in your chosen way of working.

Start right and stay right

At the initial stage of becoming a contractor, it is important that you have as much information at your disposal as possible. Your future depends on the decisions you take now. You need to consider your circumstances, lifestyle, family and even your temperament when deciding if you should run your own business or work through our umbrella employment solution.

Whether you are a freelance contractor or in business for yourself, please read carefully through each of our sections on running a limited company, establishing yourself as a sole-trader or working though umbrella company employment.

Key to any of these ways of working is compliance with the relevant legislation. Whether you decide to establish your own limited company, set up as a sole trader, or choose our umbrella company solution, there will be legislation you must adhere to. This applies to everything from taking dividends from a company to claiming legitimate expenses. Done correctly there are many opportunities to maximise the return for your hard work. The alternative could lead to complications and unexpected tax demands.

Our New to Contracting guide outlines the various options in great detail, setting out the issues involved for each way of working. Setting up properly and choosing the right path is the first stage of compliance. It is an investment in your future. If you are about to set out on the path of a freelance professional or individual in business, please download the New to Contracting guide and read it carefully.

Choosing the right service provider

Ensuring you have the correct information available to you is the first step to genuine compliance. For this reason it is vital you are made aware of all the options, not just those offered by the business you have contacted. We believe you need more than just an accountant. Brookson are specialist accountants for contractors with expert knowledge around the issues that matter to freelance contractors. Should you choose Brookson, we believe you will be making a positive choice for your future.

To get started or to find out more - please call us now on 0845 058 1400, chat live with one of our experts or download our free guide on becoming a contractor and choosing the best way of working.