Engineering Contractors

The 123 Way Additions

The 123 Way

What is included as standard for a fixed fee of £65.00 + vat per month:

Full Contracting health check - is your business performing as best it could - we'll ensure it is.

If you're new to freelance contracting, we'll ensure you start trading in the right way.

Then you can sit back and relax, your ongoing HMRC & Companies House compliance will be taken care of.

The 123 Way - simple & stress-free.

Engineering is one of the key industries that have embraced contracting over the last 20 years. Projects are often set to exact time scales so it makes sense to take on engineers for short periods of time rather than having long term employees and the added expense to a business that this entails.

As an engineering contractor in the UK you have fantastic opportunities to secure regular contracts with many different firms. You can choose your working hours and often where you want to work from, you don't have to be part of the office politics, and you can earn more than twice as much as an employed engineer.

It is not uncommon for engineering contractors to be earning £45-60 per hour for contracts that last anything up-to a year or longer. This is a substantial contract value and coupled with the freedom of being a contractor, the reasons to contract keep growing and growing.

If you're new to contracting, check out our First Time Contracting page and our Do I Need an Accountant pages.

If you have any questions at all, drop us an email at info@123contracting.co.uk or call us on 0845 834 0269.

Contractors

- IT Contractors/Consultants

- Engineering Contractors

- Project Managers

- Security Contractors

- Interim Managers

- Banking Consultants

- Media/Creative Contractors

- Health & Safety Consultants

- Financial Consultants

123 Income Illustrator

The 123 Income Illustrator shows you what you can expect to take home from a given contract.

It also compares the differences between freelance contracting through your own Limited Company, through an Umbrella Company, as a Sole Trader or if you were to return to full time employment.

The123 Income Illustrator

Freelancers

- Sole Trader or Ltd Company

- Case Study: Going Ltd

Joining The 123 Way

Switching to The 123 Way