DNS Help me Choose

If you are starting your contracting journey or already contracting and have received a new contract, you may need to make an important choice between choosing an umbrella solution or opening a limited company. If you are not clear on what is best for you then please answer the below questions and we can help you decide what is right for you:

Are you new to Contracting?*

YesNo

Do you earn £15 per hour or more? *

YesNo

Are you happy to do around 30 minutes of paperwork each month?*

YesNo

Are you planning to contract for more than 6 months?*

YesNo

Are you happy to submit your invoices and claim expenses?*

YesNo

Are you disqualified to be a director?*

YesNo

Is the contract outside IR35?*

YesNoDon't Know

Will you be receiving any other income apart from your potential contracting work ?*

YesNo

What is your present situation?*

Permanent EmploymentUmbrellaSelf EmployedLimited Company

Do you anticipate contracting as long term short term or not sure ?*

Short TermLong TermNot Sure

Do you service more than one client at a time ?*

YesNo

How many clients you intend or plan to work with.*

Less than 5More than 5

What Average level of income you expect to generate on annual basis ?*

0-5000050000-100000Above 100000

Do you find work primarily via placement agency or direct ?*

AgencyDirect

Were you working with Umbrella earlier or have you ever used Umbrella ?*

YesNo

Reason for moving from Umbrella*

I want to go contracting long term and therefore set up my companyI am outside IR35 and therefore want to use PSC

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