Having become a contractor around two years ago, i thought i would summmarise my experiences up to now and outline the pros and cons of being a London web developer contractor, compared to a permanent.
It has been a mixed bag so far, and takes some getting used to in terms of the cash flow inconsistencies which comes from being a contractor. I have had a good mixture of contracts already, ranging from one to two week gigs, through to my time at British Medical Journal, which eventually ran on for 14 months.
Having worked as a permanent web designer and then developer for a total of around 12/13 years, i had met many contractors and also seen permanent colleagues make the switch too. My impressions were that it would bring more money and freedom, and so far that has been the case.
I have hired Paystream to handle all of my accounts, leaving me to concentrate entirely on my work. This has proven a geat decision, and i would recommend it to any IT contractor starting out on this path. There is always the option to do your books yourself at a later date, if you wish to, but the time it would take me to learn these skills does not make sense for the amount it would save me in accountancy costs.