£550/day vs £70k

[contractor79]

in fact although travel often comes with the higher paid perm roles its possible to be sent all sorts of places for long durations and still get paid under £35K... I've just taken a 600 a day role, it's subject to IR35 but I think it still works out to the equiv of £108K.... now I'd never be paid that much perm (nowhere near) but also wouldn't want a perm job that paid that much as the majority of them will be stressful with lots of travel etc...

yes indeed. Maybe I could have got a consultant perm role for 50k but this would mean I would be at the mercy of the employer who could send me to any UK location at a time of their choosing for x months at a time. I'd rather send myself to whatever location suits me at a time of my choosing. And get paid more for it.

[Optimus Prime]

I've just taken a 600 a day role, it's subject to IR35

Err. Don't all the contracts end up being crafted to be IR35 friendly? Of course, it is the actual work practices that matter so that isn't working out at your new place - what part of it?

[2BIT]

yes indeed. Maybe I could have got a consultant perm role for 50k but this would mean I would be at the mercy of the employer who could send me to any UK location at a time of their choosing for x months at a time. I'd rather send myself to whatever location suits me at a time of my choosing. And get paid more for it.

interviewed for a few of those types of roles and came to the same conclusion, in fact having worked with a number of consultancies I know I could be sent to say scotland for 6 - 9 months and not have a lot of choice about it... I've said it before (and will say it again ) but consultant permie jobs are the worst of both worlds - the travel and stay over of contracting and the tripe and normal pay permiedom

[2BIT]

Err. Don't all the contracts end up being crafted to be IR35 friendly? Of course, it is the actual work practices that matter so that isn't working out at your new place - what part of it?

well im going through an umbrella at the mo so despite my working practices being IR35 friendly I get caught by going through the umbrella company - and I say this with no certainty just what I've heard

next contract will be direct so Ill learn about IR35 properly then.

[2BIT]

so that isn't working out at your new place - what part of it?

its a funny one as I know the client but am not actually 'in' yet - but because im using a brolly I know that despite the working practices Ill still pay the 40% tax....

[Wanderer]

well im going through an umbrella at the mo so despite my working practices being IR35 friendly I get caught by going through the umbrella company - and I say this with no certainty just what I've heard next contract will be direct so Ill learn about IR35 properly then.

£600/day and you are working through an umbrella. Do you know how much unnecessary tax you are paying?

You can switch to LTD mid contract and you are going to be about £1400/month better off...

[2BIT]

£600/day and you are working through an umbrella. Do you know how much unnecessary tax you are paying?

You can switch to LTD mid contract and you are going to be about £1400/month better off...

not out of choice just had to move quickly and its only a short term contract, once I'm all set up I may well change but for now Ill have to stick with the umbrella

[2BIT]

£600/day and you are working through an umbrella. Do you know how much unnecessary tax you are paying?

You can switch to LTD mid contract and you are going to be about £1400/month better off...

Yeah having double checked I would have been caught by IR35 for my last three contracts so using an umbrella is just easier

[JamJarST]

Yeah having double checked I would have been caught by IR35 for my last three contracts so using an umbrella is just easier

You still could have made more in a Ltd inside IR35.

[radish2008]

Put it this way, if you take the 550 contract you'll have a lot more money in the bank at the end of the year. If you take the permie you'll have an "intangible benefit", you're less likely to be on the bench, you can be ill, a slightly better pension, you will have attended internal seminars and be "more valuable" and a gym card,

So what do you want 30-40 grand extra in the bank or "intangibles", your choice.