Potential Contract work abroad. Help in logistics
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  1. #11

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    Quote Originally Posted by JamesFuller View Post
    Thank you again

    This role is in Cork and apparently the rent is cheaper there?

    The customer says they can only go up to 450 Euros (just over £400).

    I don't know if this is enough to cover my living costs in Cork (Rent, £30 a week on food, maybe £20 a month gym, commute costs) + my living costs in the UK which is about £2,000 a month.

    I know I can do the job and working in another country for a while sounds nice but I am having a hard time calculating whether this would work financially if I accept the rate above (£400).
    Blimey.. If you are finding that hard.....
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    I suppose it's the post-tax income I need help with calculating right.

    E.g. £400 x 5 x 4 = £8,000 but from that how much would be taxed, the best way to get the most income so that I can pay for both living costs and see what is saved.

  3. #13

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    Quote Originally Posted by JamesFuller View Post
    I suppose it's the post-tax income I need help with calculating right.

    E.g. £400 x 5 x 4 = £8,000 but from that how much would be taxed, the best way to get the most income so that I can pay for both living costs and see what is saved.
    Look on the Eire government tax website for their tax rates.
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    Quote Originally Posted by JamesFuller View Post
    I suppose it's the post-tax income I need help with calculating right.

    E.g. £400 x 5 x 4 = £8,000 but from that how much would be taxed, the best way to get the most income so that I can pay for both living costs and see what is saved.
    Read the newbie guides to the right and spend some time on google.
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    Thank you

  6. #16

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    Quote Originally Posted by JamesFuller View Post
    I suppose it's the post-tax income I need help with calculating right.

    E.g. £400 x 5 x 4 = £8,000 but from that how much would be taxed, the best way to get the most income so that I can pay for both living costs and see what is saved.
    Go to iconaccounting.ie and use the calc. 8k a mo would net about 5k but you can offset first three months accom and sundry 100% business costs, and taxsaver.ie to offset public transport costs (called LEAP, much like Oyster in London).

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