IT Contractors

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IT contractors are becoming more in demand and can earn a lot more than a regular employee.

If you’re thinking of starting out as an IT contractor or are in between jobs, working through an umbrella company could be a good solution for you. If you have been contracting for a while and earn more than £35,000 per year it may be worth starting your own limited company. Having your own company will give you the flexibility of being your own boss and freedom to pay yourself a combination of salary and dividends, which is a lot more tax efficient. You will also be able to claim back a range of expenses.

Want to know more about becoming an IT Contractor? Our sister company ClearSky Contractor Accounting can help set up your own limited company and give you all the advice you need.

Benefits of ClearSky

Comprehensive insurance cover – you’ll get up to £17 million of insurance cover

Expert support – ClearSky specialises in providing accounting services to limited companies and its experienced team has helped thousands of contractors

Great value – a transparent approach to pricing and great range of packages mean you only pay for what you need, with no hidden extras

Calculate your income

Why choose us?

I knew about Parasol because my wife had previously worked as a contractor, so from the very beginning, I knew I was in safe hands. Parasol's helpful and knowledgeable team helped me get started and as a first time contractor, this was very important to me. The online portal is really easy to use and makes submitting timesheets and expenses a breeze. I know that if I ever have a problem, Parasol is just a phone call away - even at the weekend, so I can contact them at a time that suits me. If you’re new to contracting and want a dedicated and professional team by your side, I recommend Parasol.

Chris Goodfellow

Your customer service has been excellent, the speed of answering my questions amazingly quick and the whole experience of using Parasol, at a time when I was under stress due to having been unemployed for a few weeks, made the transition easy and without any complications, which I really do thank you for. If this is the standard that everyone receives, let me assure you that you are doing everything perfectly.

Nigel R Moseling

I joined Parasol in April 2014, and they were outstanding from day one. No matter what the question, they always responded quickly and professionally, with the exact information required. The web portal is concise, full of extremely useful information and submitting timesheets and expenses was quick and simple. I’d never worked for an umbrella company before, and I had my reservations, but Parasol took care of everything and kept me informed every step of the way. I’ve now found permanent employment which is great news, but I will be sad to leave Parasol. I wish them every success for the future.

Scott Court