Our teams come across multiple organisations offering accounting solutions to busy professionals. Some, such as Contracting Plus, specialise in services for ‘Independent Professional Contractors’.
Regardless of which accounting solution or set up you select, it’s always good to see what information they make available online. We came across a simple calculator on the Contracting Plus website which we thought might be of interest. The calculator asks you to enter your daily rate, some relevant tax questions and then provides your estimated earnings as a contractor versus what you would earn on a PAYE option.
If you are looking to become a contractor, take a look at our helpful tips for those new to contracting or contact us to register your details.