You became a management consultant because you are an expert in your field and you will likely be working with various different clients at the same time offering your expertise to improve their performance. The hours can be long and sometime very stressful and this is why you deserve to take home as much of your pay as possible. If you haven’t already done so, you may want to consider working through your own limited company.
Operating as a management consultant through your own limited company brings with it many benefits and below we have listed a few to get you started:
- Much higher rates of pay than your counterparts
- More flexible working patterns
- Freedom to work for whom you like
- Opportunities to work all around the world
- Develop your skill set whilst being paid
- Opportunities to run multiple contracts simultaneously
As a business owner you will also be able to submit expenses for tax relief which allows you to take home a much larger percentage of your pay than an employee operating on a PAYE basis. This is not to mention other benefits such as operating under the flat rate VAT scheme which allows you to benefit from additional monies to take from your business at no extra cost to your client.
There are huge benefits in making a decision to work through a limited company, however with the increased reward comes the increased responsibility of running and managing your own business. This is why once you have made the decision to start your own business it is always best to contact a specialist contractor accountancy firm who can guide you through the different legislations and the new found responsibilities of running your own business.
Arleys has been designed by contractors, for contractors, and this is why we know that we can offer you the service that you have been looking for. With Arleys you decide how we work for you. Whether you want the latest software to run and manage your business, whether you want to email your information to us, or even send the information to us in the post, we give you the freedom to make that decision; as it should be.
If you would like to know more about how Arleys can help you then please call one of the team on 01925 598 499 or email firstname.lastname@example.org and one of the team will be in touch to find out how you want us to work for you.