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Originally Posted by css_jay99
I dont want to appear too thick, but i dont understand your figures !
each row represents each year right ?,
If contract value (Turnover I take it) is £50k, then how does that translate into £107,609 for Ltd or what exactly is the figure for ?
can you please give a brief explanation
cheers
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The figures are totals over 3 years.
So if your turnover is £50k pa after three years you would end up with (roughly):
£107k running your own ltd,
£90k with an Umbrella and
£100k with a composite.
Thats from a total turnover of £150k over 3 years.
Interestingly though the Own Ltd gives a return of ~%71 but SJD's advert on this site claims %83 is possible. Any ideas on the discrepancy Simon? You said in the original post that expenses were taken into account in the calculations already.
Edit - D'oh, you said the expenses
wern't taken into account. Anyway, still interested as to where the other 12% comes from.