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Realistic contract equivalent to £~30k salary package?

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    Realistic contract equivalent to £~30k salary package?

    I'm a SQL Server, VBA and reporting specialist analyst/developer, looking to move into contracting from a SQL analyst / scripting package of £26k basic plus 5% pension, full sick pay and 25 + all bank holidays.

    I'm looking to know what contract rate would equate to this package, taking into account tax differences, no sick pay/holidays etc, with a realistic time between contracts? If I go for it I'll be taking the limited company route.

    I know it's a tricky question to answer - a ballpark figure is all I'm asking for.

    #2
    Originally posted by djp View Post
    I'm a SQL Server, VBA and reporting specialist analyst/developer, looking to move into contracting from a SQL analyst / scripting package of £26k basic plus 5% pension, full sick pay and 25 + all bank holidays.

    I'm looking to know what contract rate would equate to this package, taking into account tax differences, no sick pay/holidays etc, with a realistic time between contracts? If I go for it I'll be taking the limited company route.

    I know it's a tricky question to answer - a ballpark figure is all I'm asking for.
    Like for like according to a tool on another webstie, £144 per day outside of IR35 and £177 if you plan to be inside.....

    Comment


      #3
      Originally posted by dynamicsaxcontractor View Post
      Like for like according to a tool on another webstie, £144 per day outside of IR35 and £177 if you plan to be inside.....
      ...And double those figures to allow for time "On The Bench". Seriously.
      nomadd liked this post

      Comment


        #4
        Originally posted by nomadd View Post
        ...And double those figures to allow for time "On The Bench". Seriously.
        Or use the usual rule of thumb of £30k pa is the same take home as £30 an hour, assuming you work a full year.
        Blog? What blog...?

        Comment


          #5
          Originally posted by malvolio View Post
          Or use the usual rule of thumb of £30k pa is the same take home as £30 an hour, assuming you work a full year.
          WHS. It's a pretty good indicator for a permie to contract.
          Free advice and opinions - refunds are available if you are not 100% satisfied.

          Comment


            #6
            Originally posted by malvolio View Post
            Or use the usual rule of thumb of £30k pa is the same take home as £30 an hour, assuming you work a full year.
            Originally posted by Wanderer View Post
            WHS. It's a pretty good indicator for a permie to contract.
            It'll seem like you're raking it in, don't become complacent.
            Originally posted by MaryPoppins
            I'd still not breastfeed a nazi
            Originally posted by vetran
            Urine is quite nourishing

            Comment


              #7
              Originally posted by malvolio View Post
              Or use the usual rule of thumb of £30k pa is the same take home as £30 an hour, assuming you work a full year.
              I would suggest hourly rate *1200 is a more reflective comparison.

              So £30 / hour would be equiv to £36k pa.
              ______________________
              Don't get mad...get even...

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                #8
                Originally posted by kaiser78 View Post
                I would suggest hourly rate *1200 is a more reflective comparison.

                So £30 / hour would be equiv to £36k pa.
                Whatever...
                Blog? What blog...?

                Comment


                  #9
                  Originally posted by malvolio View Post
                  Whatever...
                  Every penny helps !!
                  ______________________
                  Don't get mad...get even...

                  Comment


                    #10
                    Or you move to London and get a banking job at £450 a day, which is about 56 per hour.
                    Never has a man been heard to say on his death bed that he wishes he'd spent more time in the office.

                    Comment

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