Working for yourself can be one of the most challenging and drastic changes in your professional life. It will require you to have knowledge of everything from your own industry to company structures to IR35.

Here at Nixon Williams we have been providing contractors and freelancers sound-proof advice for over twenty years. We have taken all of this knowledge and created sections in this hub that answer the questions we get asked the most, as well as the ones we think are most important to you when working for yourself.

Contractor Freelancer IR35

Differences between contractors & freelancers

There is a lot of misconception between the differences between contractors and freelancers. Here we examine the contrast between the two as well as exploring other alternatives.

How do I get started as a contractor?

Are you a first-time contractor? We have compiled this guide to how to get started as a first-time contractor. 

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Expenses

Contracting Limited Company

Which business structure is right for me?

Deciding how to operate when working for yourself is one of the most important decisions you will make as a contractor or freelancer. In this section we break down the different business structures used in the UK and what is available to you. 

Contracting through a limited company

The most popular way of contracting is to set up a limited company. On this page we detail how to contract through a limited company and its advantages.

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Pensions Registering Company

Choosing a limited company name

Within certain industries, a name is very important. We have been giving naming advice for limited companies for over twenty years - and in this section we have provided the dos and don’ts when naming your organisation.

When do I have to register a company legally?

As a limited company owner you will eventually have to register your organisation with the central government. We have detailed guidelines on when and how to do this.

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Withdrawing Money FAQs

How to withdraw money out of your limited company

Taking money out of your own company to pay as salary isn’t as easy as going to the ATM. We have created this guide to how to take money out of your business.

Frequently Asked Questions

We may not have managed to answer all your questions in these guides. Do not worry - we have curated our most frequently asked questions when starting a business and answered all on one page.

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If you have any questions regarding, becoming a contractor, expenses or how to set up a limited company please call our new business team on 01253 362062 or email newbusiness@nixonwilliams.com