Originally posted by Pondlife
View Post
- 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!
Oh dear!
Collapse
X
-
If I am inside IR35, it would make it a lot harder for me to afford the cost as I would have to pay tax on 95% of my income, which means my take home pay would a lot less than if I were outside IR35. I would be over £700 worse off inside IR35. That is a lot of money I cannot afford to lose. The rate would be ok, if it were outside IR35.If your company is the best place to work in, for a mere £500 p/d, you can advertise here. -
I refuse to do flat shares on grounds of bad experience in the past. Plus, I would prefer not to pay for accommodation on days when I don't need it... hence the B & B and / or Hotel route.Originally posted by TheBigD View PostHo long is the role for? You could look at lodging in a shared house to reduce you're accommodation costs?If your company is the best place to work in, for a mere £500 p/d, you can advertise here.Comment
-
If they won't budge on contract, explain that with an IR35 fail contract, you can't actually afford to take the gig, unless the client or the agency pays for your hotel bill/meets some of your expenses.
A rough calculation(!) indicates that IR35 fail on £220 a day will lose you ~£40. Sounds like you've got some negotiating points. Subject to client/agent not willing to lose you.Down with racism. Long live miscegenation!Comment
-
If the gig is only for a couple of months then wouldn't your basic salary for the year cover the income from this?
Don't let the IR35 tail wag the business dog.Comment
-
To be honest, I haven't been told how long the contract is for. I am still waiting for that detail to come through.Originally posted by Archangel View PostIf the gig is only for a couple of months then wouldn't your basic salary for the year cover the income from this?
Don't let the IR35 tail wag the business dog.
However, I don't see where you are coming from on the basic salary front.If your company is the best place to work in, for a mere £500 p/d, you can advertise here.Comment
-
It sounds like it would be sensible to give the agent 3 choices:
1)they get you an IR35-approved (by your accountant not them) contract
2)you need a higher rate... sounds like £275 would leave you in the same position
3)you walk
I don't know what the etiquette is with contacting the client here, to tell them the agency is not able to offer a suitable contract.
The agents who cold call me keep saying things like "gosh" when I tell them I'm on about £300/day but I don't know how much of that is game-playing. Would you mind saying what type of work this is - testing/development/etc?Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
-
Well, I've just received the "Special Conditions" T's & C's from the agency.Originally posted by NotAllThere View PostIf they won't budge on contract, explain that with an IR35 fail contract, you can't actually afford to take the gig, unless the client or the agency pays for your hotel bill/meets some of your expenses.
A rough calculation(!) indicates that IR35 fail on £220 a day will lose you ~£40. Sounds like you've got some negotiating points. Subject to client/agent not willing to lose you.
It's not the first time I've been interviewed by the client (which surprised me a hugh deal). I've never believed in being "a valuable asset" to any client (or even a permie employer), to be honest. I've accepted that I can be replaced or disposed off at any point. I doubt that they would budge upwards on the rate, but if they do, then Boom.If your company is the best place to work in, for a mere £500 p/d, you can advertise here.Comment
-
Balls to IR35 I say pmeswani - keep taking your divis man!
Leave it for Hector to decide if he ever does get round to chasing it in a few years (he won't).Comment
-
Option 1 and 2 won't happen. Option 3 is the option of last resort at the moment. Have got a slight amended schedule from the agency. If Abbey Tax still don't like it, then Option 3 it is.Originally posted by d000hg View PostIt sounds like it would be sensible to give the agent 3 choices:
1)they get you an IR35-approved (by your accountant not them) contract
2)you need a higher rate... sounds like £275 would leave you in the same position
3)you walk
I don't know what the etiquette is with contacting the client here, to tell them the agency is not able to offer a suitable contract.
The agents who cold call me keep saying things like "gosh" when I tell them I'm on about £300/day but I don't know how much of that is game-playing. Would you mind saying what type of work this is - testing/development/etc?If your company is the best place to work in, for a mere £500 p/d, you can advertise here.Comment
-
I'm surprised it had taken this long for someone to make that suggestion.Originally posted by moorfield View PostBalls to IR35 I say pmeswani - keep taking your divis man!
Leave it for Hector to decide if he ever does get round to chasing it in a few years (he won't).
If your company is the best place to work in, for a mere £500 p/d, you can advertise here.Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers

Comment