Hi Kingy,
Excellent and informative posts.
I was wondering if you can help a little, I am a .NET developer looking to get into contracting, as I am not really happy in the Permy market.could you give me some advice on where to start on the whole umbrella company / IR35 / insurance thing!
I was hoping to use an umberella company at first to see if contracting is for me, but im not sure who or what to trust at the moment.
Thanks in advance
I started contracting with Prosperity4

rolleyes

who eventually went bust, before moving to GIANT PowerHouse (which got shut down when tax rules changed to outlaw Managed Service Companies) as the agency involved with a contract I had had an 'approved list' of umbrella companies, which didn't help my sceptcism.
I had a hard time getting my head around my experience with SJD, as the approach of "here, have all this free information, and the time of people to answer all your questions." threw me somewhat. To say it was a no pressure 'pitch' was an understatement. I met one of the directors for a drink and a chat, and it was incredibly informal, simply a case of 'now you know more, take your time to think it over, if you decide you want to proceed, give us a shout.

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This was a long but very worthwhile read when I started my limited company 3.5 years ago. The other links are very worthwhile too, and will likely replace a lot of your questions with answers.
Caunce O'Hara do my insurance, and the quick quote system is accurate.
Re the Umbrella company, as I said before agencies can have an approved list, so it might be worth limiting your action to research until you find a role, and then confirm who is on the list. Parasol have been around for ages, but others will be better placed to offer advice on umbrella companies as I'm so out of touch.
ContractorUK is a useful resource.
Finance wise, I found
Contractor Money very helpful.
You'll need to consider your personal circumstances as part of this. Talking of the 'big picture' etc is all very dramatic, but it is relevant. I certainly don't want to come across as being snobbish and looking down on temps etc, rather trying to demonstrate that there is a half way house between permie and 'true' contractors. There's nothing wrong with being a 'temp' contractor, and indeed it may suit you better to work closer to home and accept less of an intrusion on your quality of life etc. Moving away from home and only coming back at weekends is tough. You need to make friends to survive, and to then leave that behind at a moments notice can be tough. There can be more money on offer for a 'true' contractor, but that might not be suitable if you have family commitments etc. Buying a house or remortgaging can be tough in the first couple of years, and you will need to make any such decisions on an informed basis.
The greater rewards can be life changing, but the experience will certainly be.