No I dont want to become PERMANENT

[CSC]

Same Same

I am also on £500 a day and the calculator tells me i need £116k to go perm.

Using a contractor to perm calculator it says;

Contract outside of IR35:
Net monthly income is around £6,001
Permanent salary required is £116,428

Contract inside of IR35:
Net monthly income is around £5,005
Permanent salary required is £90,161

[aj4u]

oh no, I was somewhere else for 8 months and then been here since Nov last year.

I got money saved up, I also run consulting out-sourcing jobs for ex-clients which is keeping me busy besides this... This suits me for the moment, doubt I'll stay the whole term.

All I need is to get them to stfu, though you guys might be more experienced and tell me that I should just suck it up and deal with it for the moment.

Ps. I run a LTD, no umbrella stuff.

Also I'm confused 500 == 75k :-/

How is that possible?

[northernladuk]

You are aware of IR35?

[aj4u]

sorry, totally missed that. Also I usually do work on a project based work which I sub-contract/day-rate/work from my office also, doubt I fall into the IR35 category.

I've never worked anywhere for more than 2 years and all my contracts have the can supply a different resource if required because I actually need to sometimes.

[MrButton]

No I dont want to become PERMANENT

There’s lots of threads comparing day rate to salary (use the search).

£116,428 is way off the mark. As this doesn’t account for lack of benefits, sickness, time on the bench etc.

[MrButton]

What website gave you £116,428, and what figures did you put into it?

contractorcalculator.co.uk

[cojak]

I’ve got to say WTFH is a LOT closer to reality than that calculator.

[cojak]

thank you all for the prompt replies

erm, I started in 2016 Jan. I got made redundant 3 times in 5 perm jobs.


so I guess 1 year 3 months... started here november last year. My current rate is 500 GBP per day, not sure what the salary equivalent is.

Thanks AJ

Well done that man.

[SeededLoaf]

Your client obviously values you to offer perm so a nice compliment.

I never usually say no outright but usually respond with 'l'll consider it'. Nothing wrong with giving them hope especially close to renewal/uplift time.

[northernladuk]

Your client obviously values you to offer perm so a nice compliment.

I never usually say no outright but usually respond with 'l'll consider it'. Nothing wrong with giving them hope especially close to renewal/uplift time.

Do you recheck your situation to see if you've got IR35 issues now it's become apparent your filling a full time role?