There should be more to it than money. Not having to go through the permie rigmarole is worth alot to me.
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Take home pay from £300/day?
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300 is a little on the low side isn't it? Where is it and exactly what role are you carrying out? If it's a fairly basic role then there is going to be a lot of competition for them as well. Particularly if most of the applicants are our offshore friends.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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FWIW I left just under £60k for £55 and hour.
But since I did this contracting has been squeezed by hmrc so you need to make more for the scales to balance up.
FWIW I would stick with £40k a year, and only investigate contracting when you can make >£450 a day.Comment
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Originally posted by PurpleGorilla View PostFWIW I left just under £60k for £55 and hour.
But since I did this contracting has been squeezed by hmrc so you need to make more for the scales to balance up.
FWIW I would stick with £40k a year, and only investigate contracting when you can make >£450 a day.Comment
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Originally posted by northernladyuk View Post£40k you take home £30.5k. You don't have to work many outside IR35 days at £400 to pass that.Comment
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Take home pay from £300/day?
Originally posted by northernladyuk View Post£40k you take home £30.5k. You don't have to work many outside IR35 days at £400 to pass that.
The calc above estimates £4k take home a month on that. (72%) or £48k p/a.
You make an extra £17k but have loads more risk, must bill the days, no pension etc.
Having had 8weeks on the bench last year I am a bit more circumspect about it all...Last edited by PurpleGorilla; 2 August 2017, 15:15.Comment
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Originally posted by PurpleGorilla View PostYeah but OP talking about £300 a day.
The calc above estimates £4k take home a month on that. (72%) or £48k p/a.
You make an extra £17k but have loads more risk, must bill the days, no pension etc.
Having had 8weeks on the bench last year I am a bit more circumspect about it all...
£400 pd works, but agree that £300 pd vs £40k pa is close.Comment
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Originally posted by northernladyuk View PostBut you were talking about 450 pd!
£400 pd works, but agree that £300 pd vs £40k pa is close.Comment
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Originally posted by PurpleGorilla View PostI know I did, I was suggesting to stick to permie until you can break into £450 a day.Comment
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Originally posted by northernladyuk View PostBut £400 pd would work nicely compared to 40k p.a.
But no pension and bigger risk.Comment
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