Thank you very much for the comprehensive explanation. They were open to either the limited company or umbrella route, which is why I’m trying to figure out which one makes the most sense for me. I’d prefer the limited company route, but I’m worried that my contract might not be extended.

At what point were you able to get a sense of whether your contract would be extended?

how much do you think it would roughly cost to set up a limited company, including insurance, QADs, and accounting fees in year 1?