When you’ve made the decision to work as a contractor, there are several ways in which you can operate. Do you go down the umbrella, sole trader or the limited company route? Several factors can influence this decision, ranging from government legislation to your working and personal circumstances. Martin Whalley recently made the move from running a limited company to umbrella. Find out why below.
Martin Whalley - an IT professional with 30 years’ experience, had been working through his own limited company for the past six years. However the introduction of the off-payroll working legislation in the public sector in April 2017, meant that he had to make the move to an umbrella company as he found himself working inside IR35. We caught up with him to find out how this transition went.
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Related article - Gary Matthew's ten years with PayStream
We talk to long-time contractor Gary Matthews to learn about how he has met the challenges of the last decade.
Gary has been a limited company contractor for more than ten years, working as an electrical control and instrumentation design draftsman contractor, and for the last decade he’s been a PayStream client. We wanted to find out what he’s learnt over the years, and get him to share some of his experience with us.
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