Hi all,
I have just started my first contract in France, probe period of 2 Months for Big IT company. After that I am expecting to receive 6-12 Months offer for 2018.
I am EU citizen (Croatian) and I was offered this contract in France which I have accepted. Unfortunately my UK agency and payroll company did not gave me correct information regarding net retention in France. I was told it will be around 67% on full year basis now I see this is impossible and they have only scammed me to sign the contract.
I have insisted on full compliance solution (registered as self-employed here) and now I see that because of high French Social security charges and TAX normal take home for self-employed is around 53% and with mgmt fee is around 50%. Which is quite big difference to 67% as my gross to will be quite high (600e/day).
Now I am not sure should I extend the contract for 2018 after all as it give me less money then expected and now my agency just to "correct" things regarding money is offering me split solution scheme which will result in 76% retention.
So I have 3 options:
1. To stay fully compliant and accept less net and get agency get away with it. ( I like the city and job but I will
earn less then promised )
2. To terminate the contract end of 2017 and go back home
3. To accept split solution and take a risk ( dont know how risky this is in France).
I am not fan of TAX evasion and that is the reason I have asked for for compliance, in other hand I would like to stay but dont like the thing that agency lied to me and now I need to earn like 2k less per month because of them.
For third option I know from Germany that you can go to jail for this kind of setup and I dont know how are the things in France, information from mgmt/payroll company I can not take for granted because its there business.
Any comments are helpful!
Thank
I have just started my first contract in France, probe period of 2 Months for Big IT company. After that I am expecting to receive 6-12 Months offer for 2018.
I am EU citizen (Croatian) and I was offered this contract in France which I have accepted. Unfortunately my UK agency and payroll company did not gave me correct information regarding net retention in France. I was told it will be around 67% on full year basis now I see this is impossible and they have only scammed me to sign the contract.
I have insisted on full compliance solution (registered as self-employed here) and now I see that because of high French Social security charges and TAX normal take home for self-employed is around 53% and with mgmt fee is around 50%. Which is quite big difference to 67% as my gross to will be quite high (600e/day).
Now I am not sure should I extend the contract for 2018 after all as it give me less money then expected and now my agency just to "correct" things regarding money is offering me split solution scheme which will result in 76% retention.
So I have 3 options:
1. To stay fully compliant and accept less net and get agency get away with it. ( I like the city and job but I will
earn less then promised )
2. To terminate the contract end of 2017 and go back home
3. To accept split solution and take a risk ( dont know how risky this is in France).
I am not fan of TAX evasion and that is the reason I have asked for for compliance, in other hand I would like to stay but dont like the thing that agency lied to me and now I need to earn like 2k less per month because of them.
For third option I know from Germany that you can go to jail for this kind of setup and I dont know how are the things in France, information from mgmt/payroll company I can not take for granted because its there business.
Any comments are helpful!
Thank
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