So, I'm about to start with with a public sector organisation.
Private sector I'd charge £525pd, which was agreed.
For background - I'm VAT registered, pay 16.5% corp tax.
I know they have to deduct tax & NI 'at source', but the figure they've said they'll pay me is £463.11pd.
Does anyone have any idea how that's been calculated?!
And will I be liable for any other taxes after it's paid (income, corporate, etc)?
Private sector I'd charge £525pd, which was agreed.
For background - I'm VAT registered, pay 16.5% corp tax.
I know they have to deduct tax & NI 'at source', but the figure they've said they'll pay me is £463.11pd.
Does anyone have any idea how that's been calculated?!
And will I be liable for any other taxes after it's paid (income, corporate, etc)?
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