• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Contract v fixed term

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    #51
    @chopper while I believe you, ever since I started working in premises at 16 I've been told stories from and off women who have worked under different statues where they have been sacked due to pregnancy and maternity leave. All those who have energy to fight it have been told part or all their claim is sex discrimination. This partly due to the fact that by law women have to take time off after giving birth.
    "You’re just a bad memory who doesn’t know when to go away" JR

    Comment


      #52
      Originally posted by supersteamer View Post
      Where does this yardstick come from? Expenses wouldn't apply in either case as it's for more than 2 years.
      If I plug £400 per day into contractorcalculator.co.uk it says revenue would be £88k with £26,070 tax outside IR35 and £31,491 tax inside. That's an increase of 6% on revenue. Yes, you can play about with holding money in the company (outside) and/or putting it into a pension (outside or inside) but I can't really see how you'd normally need a 30% rate uplift to cover it.
      On this site and below.........It is likely to include loss of expenses, which as you rightly said would not be applicable in this case.

      HMRC's IR35 tweaks have 90% of UK's IT contractors up in arms • The Register

      http://www.1stcontact.com/blog/finan...-public-sector
      The Chunt of Chunts.

      Comment


        #53
        I was offered a choice of contract or FTC on a gig a few years ago. When the client realised that the salary I asked for was above the normal pay range for the grade they were thinking of taking me on and that they would need to put me on a higher grade which HR didn't like then the daily rate option was easily taken up.

        I think banks and investment companies. get around this by having super elevated technical grades. A mate of mine is a VP in a bank but is just a super good developer - they had to put him on that job grade to pay the market rate for his salary. Somehow I don't think public sector will be able to do this.
        This default font is sooooooooooooo boring and so are short usernames

        Comment


          #54
          Originally posted by MPwannadecentincome View Post
          I was offered a choice of contract or FTC on a gig a few years ago. When the client realised that the salary I asked for was above the normal pay range for the grade they were thinking of taking me on and that they would need to put me on a higher grade which HR didn't like then the daily rate option was easily taken up.

          I think banks and investment companies. get around this by having super elevated technical grades. A mate of mine is a VP in a bank but is just a super good developer - they had to put him on that job grade to pay the market rate for his salary. Somehow I don't think public sector will be able to do this.
          PS can make a special salary add-on to get specialist salaries up to market rate. However they can remove these at anytime.
          "You’re just a bad memory who doesn’t know when to go away" JR

          Comment


            #55
            Originally posted by SueEllen View Post
            PS can make a special salary add-on to get specialist salaries up to market rate. However they can remove these at anytime.
            I bet the unions don't like that!
            This default font is sooooooooooooo boring and so are short usernames

            Comment


              #56
              Originally posted by MPwannadecentincome View Post
              I bet the unions don't like that!
              It's a removable allowance* so if the unions really kick up a fuss then it's removed.

              Though anyone I've met with decent IT skills who worked in the PS has got fed up and moved into the private sector so it hasn't been an issue.


              *I can't remember what the damn thing is called but seen it on adverts.
              "You’re just a bad memory who doesn’t know when to go away" JR

              Comment


                #57
                Originally posted by SueEllen View Post
                Though anyone I've met with decent IT skills who worked in the PS has got fed up and moved into the private sector so it hasn't been an issue.
                And for that reason I will be declaring myself out! (of the Public Sector)
                This default font is sooooooooooooo boring and so are short usernames

                Comment

                Working...
                X