Yes but I'm PAYE at the moment and to go straight from that to working solely for one company is viewed by the HMRC ESI as an employee role. If I was already self employed it wouldn't be so much of an issue but the IR is clamping down on this kind of thing in my industry, so having the limited company under which to provide the contracted services is the only safe route and would also be more tax efficient in the long term.
No because the contract I am taking on will be at least six month and you can't freelance for one company for that length of time without the risk of the taxman questioning whether you are really freelance and should actually be an employee.
One of my Dad's ex-employees has just set up on his own so I am meeting with him in a few weeks and we're already talking about trading off the cost of his accountancy services against me writing copy for his website and doing some pr/marketing work for him.
Having looked at the options I think I willbe setting up a limited company to trade under.