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Contractor Doctor: Will my current life insurance cover me when I go contracting?
Contractors with existing life insurance will find the policies are still valid, but they may not provide sufficient cover.
…current life insurance policy cover me when I go contracting? Thanks, Aisha Contractor Doctor says: There is n… …ear Contractor Doctor I have just signed my first contract, handed in my notice and I start with my first ev…
Category: Articles: Contractor Life Insurance | Mon, 30 May 2016

Tax efficient death-in-service benefits via a limited company
Contractor death-in-service insurance premiums can be paid by a contractor’s limited company
…nent employees before they made their choice of a contracting career will recall that they almost certainly had…
Category: Articles: Contractor Life Insurance | Thu, 27 Sept 2018

Relevant Life insurance plans - 9 key facts for contractors
Your company can pay for your life insurance, saving you thousands in tax relief on all the premiums. Switching is easy. Here's how.
…When you move to contracting, any life insurance benefits previously paid by y…
Category: Articles: Contractor Life Insurance | Sat, 03 Jun 2023

Contractor life insurance cover – policy options for limited company contractors
Limited contractors can protect their families with a life insurance policy funded by their business
…the worst should happen. Prior to starting their contracting career when in permanent employment, many contrac…
Category: Articles: Contractor Life Insurance | Wed, 17 Sept 2025

Contracting mindset tips: negotiation based on margins is futile
Contractors get paid according to the market forces of supply & demand. Negotiations based on margins will fail, because agencies apply market forces.
…nt organisations as confidential, and rightly so. Contracting businesses price to market, not margin The amount… …many of your fellow contractors are chasing a few contracts, then your negotiating position is weak. Contract… …it’s down to how well can you can negotiate your contract . If your skill is highly specialised and in grea…
Category: Articles: Contracting Mindset Tips | Tue, 14 Sept 2010

Contracting mindset tips: there are no such things as “contractors’ rights”
Contractors engage with their clients on a business-to-business basis. So, just as with any other business deal, it doesn’t qualify them for “rights”.
…Contractors have a business-to-business contract of services with their clients or agencies and, a…
Category: Articles: Contracting Mindset Tips | Wed, 15 Sept 2010

Contracting mindset tips: clients don’t care about your career, nor should they
Contractors are hired to provide an immediate solution to a client’s problem. Responsibility for career development & training lies with contractors.
…ts are not interested in helping you develop your contracting career. They are looking for an instant solutions… …in what you do evenings, weekends and in-between contracts when you are not solving problems for them. But i… …skills or capacity in-house. The contractor has a contract that clearly identifies the deliverables, timesca…
Category: Articles: Contracting Mindset Tips | Wed, 29 Sept 2010

Contracting mindset tips: contractors are not paid the same as employees
Contractors are responsible for paying employment costs and taxes themselves so employee salaries and contractor fees are not directly comparable.
…a week, do you know how you would calculate what contracting day rate you need to secure the equivalent take-h… …means you can’t directly compare hourly or daily contract rates with employee salaries. Do you know how muc…
Category: Articles: Contracting Mindset Tips | Thu, 28 Oct 2010

Contracting mindset tips: contractors can claim expenses formerly paid by themselves
Contractors claim expenses out of pre-tax earnings and offset these costs against profits, thus reducing tax. Employees pay out of their own pockets.
…Once you start contracting, you can claim business expenses in a way that pe… …employee come directly out of your fees when you contract and can help reduce your tax bill. How would you…
Category: Articles: Contracting Mindset Tips | Mon, 01 Nov 2010

Contracting mindset tips: Agencies & clients can’t change terms & conditions at will
Contractors have an agreement with their client to supply certain services in exchange for payment, so any changes in terms must be mutually agreed.
…agreeing a rate. If you are paid by the day, with contracted core hours of nine to five, and then your client… …As a contractor, you have a contract that details exactly what service you provide to…
Category: Articles: Contracting Mindset Tips | Mon, 14 Feb 2011