The Benefits of Contracting

Increased income, greater flexibility, increased freedom, and wider skill development are only a handful of advantages to be gained when becoming a contractor.

With employee benefits being reduced and salaries being cut, is it surprising that more companies are turning to contractors to fulfil positions?

What are the benefits of contracting?

If you are considering becoming a contractor, or if you have been made redundant and are on the lookout for something new, then there are plenty of reasons why contracting could be a very good move for you.

Financial benefits

The first thing that springs to mind is the financial benefits, some of these are:

Are there any downsides to contracting?

As you will see, this is a fairly impressive list of positives, but it’s only fair to point out a few of the negatives as well.

Some of these include:

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How can SJD Accountancy help?

Appointing an accountant can save you time and stress when starting up on your own. If you would like to speak to someone about any of the above information or any other queries you may have, arrange a callback and a member of the team will be in touch.

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