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All Inclusive Rate

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    All Inclusive Rate

    A post on the "Backdated VAT" thread mentioned agents saying "all inclusive rate", and I've just twigged to a conversation I had with an agent this afternoon.

    Agent: good afternoon meridian, I'm calling about the role I sent the email to you about, the one in Switzerland.
    Me: yeah, thanks for that, but I'll be sticking to London as a location for family reasons.
    Agent: no problem, I'll just update your file here. When are you next available? And is your rate range still x00 to y50?
    Me: current contract ends shortly, and that rate range is correct depending on client and location.
    Agent: and that's all inclusive?

    Now, I assumed here that he was talking about expenses, so I blathered on about local travel being included but cross-site and international travel was charged back to the client. But on reflection it seems likely that he was asking in a roundabout way whether the rate was VAT-inclusive, without actually saying so.

    Something to be careful of and get clarified if it comes up again.

    #2
    Originally posted by meridian View Post
    A post on the "Backdated VAT" thread mentioned agents saying "all inclusive rate", and I've just twigged to a conversation I had with an agent this afternoon.

    Agent: good afternoon meridian, I'm calling about the role I sent the email to you about, the one in Switzerland.
    Me: yeah, thanks for that, but I'll be sticking to London as a location for family reasons.
    Agent: no problem, I'll just update your file here. When are you next available? And is your rate range still x00 to y50?
    Me: current contract ends shortly, and that rate range is correct depending on client and location.
    Agent: and that's all inclusive?

    Now, I assumed here that he was talking about expenses, so I blathered on about local travel being included but cross-site and international travel was charged back to the client. But on reflection it seems likely that he was asking in a roundabout way whether the rate was VAT-inclusive, without actually saying so.

    Something to be careful of and get clarified if it comes up again.
    I have often worked cross-border and I have never heard that. IME it has always meant what you thought it meant: no nasty surprises for the agent.

    BTW my one caveat in a case like that is to get the work site specified; so that there are no nasty surprise for you when they ask you to work in other places that you hadn't planned on.

    Comment


      #3
      I take all-inclusive to mean paying your own expenses. Not sure how VAT works for a UK ltd working in Switzerland though.
      The greatest trick the devil ever pulled was convincing the world that he didn't exist

      Comment


        #4
        I'm sure I've seen this trick mentioned on here before.

        I think anyone being asked "is that all inclusive?" would ask the agent what the meant anyway.

        Comment


          #5
          I would think it means expenses. not VAT. Anyway just to be sure, I always tell the agent my rate is xxx + VAT.

          Comment


            #6
            If ClientCo's whole business is any of the following then since they won't be VAT registered they cannot claim the VAT you charge back and so may be interested in an all-in (VAT inc) rate;

            insurance, finance and credit
            education and training
            fund raising events by charities
            subscriptions to membership organisations
            selling, leasing and letting of commercial land and buildings - this exemption can be waived

            Linky

            That's my understanding based on the linky anyway. Happy to be wrong.

            Comment


              #7
              Along as it's not in writing then it can't be proven either way what either of you mean so I wouldn't worry about it.
              "You’re just a bad memory who doesn’t know when to go away" JR

              Comment


                #8
                Originally posted by Eirikur View Post
                I would think it means expenses. not VAT. Anyway just to be sure, I always tell the agent my rate is xxx + VAT.
                If you really want to add such caveats then it should be: "£N + VAT, with N-day payment terms, subject to contract".

                Of those the "+ VAT" is the least important IMHO. It must be explicit in the contract but is implied in informal negotiation.

                Comment


                  #9
                  Originally posted by LondonManc View Post
                  I take all-inclusive to mean paying your own expenses. Not sure how VAT works for a UK ltd working in Switzerland though.
                  You don't get to work through a UK Ltd on Switzerland.

                  Comment


                    #10
                    Originally posted by expat View Post
                    You don't get to work through a UK Ltd on Switzerland.
                    Fair enough; my comment still stands though - I take all-inclusive to be expenses, not taxes.
                    The greatest trick the devil ever pulled was convincing the world that he didn't exist

                    Comment

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