"Understanding your value as a contractor is essential to securing competitive rates. Don’t undersell yourself; instead, align your rates with the current market by analysing supply and demand within your sector."
"Recently, pay rates have been constantly fluctuating due to ongoing inflation and shifts in high-demand fields like tech, engineering, and healthcare."
"Try to set aside a portion of your income for emergencies - contract work can be unpredictable at the best of times, so leaving some money aside can provide a fallback option if you're ever out of work."
"Hiring an accountant with expertise in contractor finances is also a wise choice. With recent changes in allowable deductions and tax rates, an accountant can help you manage your finances more effectively."
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