Hey how did you got your first job in uk.I have experience in India ,but not getting any calls here, I am on dependent visa

I'd love to know the answer to that question

Are you working in the UK?

Thanks for watching! I don't actually have much experience using a self employed tax app, but that could possibly be an avenue. There are a few things that do happen throughout the year such as filing VAT & Corporation tax, year end accounts filing and so forth, so my understanding is someone may still have to do this, so it may be beneficial still having an accountant for these purposes OR of course learning what would be required to do this yourself (which unfortunately, I have no experience here so I can't comment)

Most accountants that specialise in contractors will also provide an app.

EveryOne Situation is different, there are pro and corns to both of these, but if you get a good contract then account fess and insurance is nothing.

How so?

@@wallywild5088 contractor doesn't get paid when they are not working, also no pension insurance etc, these are all hidden cost. Companies like Google and Facebook can easily pay more than contracting income

@@zhongyuanzhang5611 assuming you can "easily" get a job at Google and Facebook

@@paulis4u i think so

@@zhongyuanzhang5611 If you’re a contractor, you’d take all these things into consideration. Some people have private pensions or other ways of setting themselves up for retirement

Very good question

Thanks for watching! Yes that's fine, provided your employer is fine with it as outlined in your employment contract (if in doubt, definitely ask them). With that said, when it is time to do your self assessment, you will just have to declare your earnings and tax already paid from your permanent (either to your accountant or bear this in mind if filing it yourself). It is handy to keep payslips in that case.

@@gerrone1.061 thank you for your reply!

Also to add on to this how would one transition into contracting from perm?

Good question. Yes the transition to inside ir35 contracts does effect this. It does mean a lot more contracts will force you to be paid regularly as if you were an employee (and taxed at source). As opposed to using your own limited company (meaning you can save on tax by paying yourself dividends). The good news is that some companies are offering some higher rates (at least in London) to make up for this.

There is not much special to be done to transfer from perm to contracting aside from setting up a company and potentially using an accountant. I wl try and elaborate on this with a future video! Thanks for watching.

@@gerrone1.061 p

Thanks for watching! It really depends. Generally at contractor level (at least for software development) they expect you to be at roughly a senior level and to generally hit the ground running, so potentially around 4-5 years exp, but that is a very roughl guideline. It could lower, depending on your employee history or if you have sought after skills in particular area. I hope that helps!

@@gerrone1.061 Thank you Gerrone. Great channel

You can also invest in a personal pension with a provider like Vanguard. But honestly the savings in tax you’ll earn by retirement are far more beneficial provided you don’t just waste it and invest it into property or savings during your working life

You can also invest in a personal pension with a provider like Vanguard. But honestly the savings in tax you’ll earn by retirement are far more beneficial provided you don’t just waste it and invest it into property or savings during your working life

Hi Ryan, thanks for watching. I have an accountant. Personally, I don't have any experience trying to do accounting myself, but despite that I probably wouldn't recommend doing that yourself since they are various bits of tax documents, administration to HMRC that is best for the professionals to do and can have consequences for doing incorrectly. I use a company called CRUNCH to do my accounting, which I definitely recommend in terms of the ease for inputting expenses, tracking sales and having a running total of taxes you need to pay. crunch.co.uk/referrals/?c2c=pragmatt

@@gerrone1.061 Thanks for the reply. Really good video by the way. There is not a lot of content available on this topic so it would be good to see more videos. Yes there does seem to be a lot of room to make a mistake, probably best to leave it to the accountants as you say.

Hi, thanks for watching. You can indeed work remotely while being a contractor. Since the pandemic this is of course happening a lot more (with the potential of more remote contracts when things move closer to normal). Remote work only shouldnt affect this, but on the whole at least in London, contract rates are down a little this year.

@@gerrone1.061 thanks for the fast reply, that was helpful

Python

Rust

Hey bud, hope your college course is going well. So the best languages to focus and practice on are html, css, javascript and Php

That question cannot be answered. What you need is to pick a language or a selection of languages you enjoy doing and improve your skills in it then apply for the job with those languages you're comfortable with.