Contracting has become increasing popular over the past number of years as it provides greater flexibility for both the Contractor and the client. That said Contracting still remains uncharted territory for many as the ‘stability’ of being a permanent employee in the traditional sense, can seem to provide a clear path way for career progression.

The turbulent economy definitely seems to be settling but during the changing times, it provided some professionals time to reflect and assess their work life situation. Rather than being reliant on the ‘employer’ providing stability, Contracting can provide an alternative approach and gives professionals more control and a better work / life balance. Also, as we grow and develop in our career and personal lives, some would naturally seek out alternative ways in which they work to ensure that they are working in the best possible way to achieve what they want in all aspects of their lives. This is also when many begin to consider becoming a Contractor as it may be the best way to ensuring the ideal work / life balance.

Below are some factors to consider if you are contemplating becoming a Contractor for a better work / life balance:

Benefits to Contracting:

• Attractive rates of pay
• Ability to gain experience on a variety of projects in different locations, sectors and organisations which in turn can lead to commanding higher rates of pay
• Facilitates continuous development of skills which can help in keeping your skill set current and increasing your marketability
• Provides you with the opportunity to claim tax relief on business expenses
• Creates greater personal control of who, where and when you wish to work

For a real time compassion for what you can earn as a Contractor, visit our Tax Calculator:
https://www.iconaccounting.ie/tax-calculator/

If you wish to learn more on the on all aspects of Contracting, please contact the Icon Accounting:

Tel: 01-8077106
Email: Info@iconaccounting.ie

Sandra Kelly
Office Manager