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Anybody here a Software Contractor?

krinpit · 2005-03-29 09:20:11

Hi, I'm a Sofware developer in a financial company (2.5 years exp, VB.NET), and at some stage in the future, I'd like to become a contractor. Has anybody here worked as a contractor? What are the disadvantages that you encountered? How does it work out tax-wise and is it difficult to keep track of this kind of thing? Would…

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#32 18-05-2008 9:27am
tiptap

Closed Accounts Posts: 317 ✭✭

Join Date: January 2008

Posts: 273

Evil Phil wrote: »

Yes you'll have to register a business in Ireland to be a contractor.

You don't "have" to. Alot of companies are using an umbrella type scheme so you don't need to go through the hassle of company registration, vat registration etc. It's handy for a short term contracting but if you're planning on doing it for any significant amount of time, you're better of setting up your own company.

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