Originally posted by PurpleGorilla
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Take home pay from £300/day?
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Thanks for all the replies.
I've worked it out to be at least £1000 more a month and that's including pension and insurance. It's my first contract and they are willing to wait 4 weeks in regards to my notice period, which not many companies do.
It's a software developer role in Berkshire.
However, you are right. £300 is the lower end. It's a 4 - 6 month contract and hopefully once I finish or renew the contract I can find/negotiate a higher rate or different contract.
Is it possible to negotiate a higher rate on contract renewal? Has anyone experience with that?Comment
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Originally posted by Braba View PostThanks for all the replies.
I've worked it out to be at least £1000 more a month and that's including pension and insurance. It's my first contract and they are willing to wait 4 weeks in regards to my notice period, which not many companies do.
It's a software developer role in Berkshire.
However, you are right. £300 is the lower end. It's a 4 - 6 month contract and hopefully once I finish or renew the contract I can find/negotiate a higher rate or different contract.
Is it possible to negotiate a higher rate on contract renewal? Has anyone experience with that?
All you will be doing is reducing the agents cut as well. the client won't pay more as you are doing the same work. in theory the agent has made his expect money and there is no extra time and cost for the extension so it's free money. He should be willing to drop his margin a little. That is if he isn't on a fixed margin or a very low one. As a newbie you can almost guarantee he's had your pants down so could be possible.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by Braba View PostThanks for all the replies.
I've worked it out to be at least £1000 more a month and that's including pension and insurance. It's my first contract and they are willing to wait 4 weeks in regards to my notice period, which not many companies do.
It's a software developer role in Berkshire.
However, you are right. £300 is the lower end. It's a 4 - 6 month contract and hopefully once I finish or renew the contract I can find/negotiate a higher rate or different contract.
Is it possible to negotiate a higher rate on contract renewal? Has anyone experience with that?Comment
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Originally posted by Braba View PostIt's not through an agent. It's actually directly with the company.Comment
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Originally posted by Braba View PostThanks for all the replies.
I've worked it out to be at least £1000 more a month and that's including pension and insurance. It's my first contract and they are willing to wait 4 weeks in regards to my notice period, which not many companies do.
It's a software developer role in Berkshire.
However, you are right. £300 is the lower end. It's a 4 - 6 month contract and hopefully once I finish or renew the contract I can find/negotiate a higher rate or different contract.
Is it possible to negotiate a higher rate on contract renewal? Has anyone experience with that?Comment
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Originally posted by Chart Accountancy View PostYou could generate a small surplus if you register for VAT. In the first year, you get 1% discount to your flat rate%. On every £1K invoiced, you will get additional £14 flat rate surplus before tax.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by northernladuk View PostBut that decision should be made on his situation, not just chasing 14 quid surely?Comment
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The company has finally approved my contract, after re-evaluating the cost, because they had underestimated the cost of a contractor. So they are happy with £300/day.
My accountant suggested to register for VAT as well, but that would mean I would have to charge them £300 + VAT. They had trouble getting the budget approved for the daily rate only. I am thinking it could get them to back down if I ask them to pay VAT on top of the normal daily rate.
What do you guys think?Comment
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