Originally posted by Andyw
Who the hell wants to work as a permie....tulip wages....diversity courses, office politics, 'You work hard all year and the bonuses will be great' lies 
-
Ah, the memories.... -
The great thing about contracting is taking 3 months off to tour interesting countries and meet new people.
The only way you can do that as a permie is in the army and even then you have to kill them.First Law of Contracting: Only the strong surviveComment
-
9k - you probably work 10 months including 1 months for holiday and 1 month on average every year to find the next contract would make 90k gross a year on average. 60k +20k bonus +10k benefits. Et voila'. The equation is solved (at least on a financial ground).Originally posted by _V_£60K (that means take home £30K)
Pension means nothing unless you are in it a long time and it's final salary based.
BUPA cost about £500 pa. Whoopeee
Company Skoda, well if that's something to boast about, god knows what you were earning as a contractor.
Well done, looks like you've hit the big time.
Now, where did I put my last monthly invoice for £9K......I've seen much of the rest of the world. It is brutal and cruel and dark, Rome is the light.Comment
-
Yes. Permie is best.
Leave the contracts to the professionals and business men I say.First Law of Contracting: Only the strong surviveComment
-
Not to the ones who have the same income as a permie.Originally posted by _V_
I've seen much of the rest of the world. It is brutal and cruel and dark, Rome is the light.Comment
-
Franco, you do realise that a contractor operating a limited outside of IR35 (which is not that difficult with a small amount of effort) on £90K will not be taking home what a permie takes home on a £90K salary.Originally posted by Francko
And don't forget all the travel expenses are not from taxed income either.
HTHComment
-
-
I do know as I know there are also other expenses like accountants and administration. Also delays in the payments, sometimes you have to chase up the agents, sometimes you have to wait the next month for the payment to reach your bank account. Travel expenses, sure, but not everybody is willing to take up contracts everywhere and be able to live 5 days a week away from home. In all, I wouldn't consider this as a perk but part of a normal business workflow. That's why I do believe that the gross income from a contract should be substantially more than what you get from a permanent job. Whether you can maximise this income by leveraging taxes instruments or not should not be taken into consideration when comparing the incomes. It's an extra reward for your business acumen, it should not be considered part of the package.Originally posted by DimPrawnI've seen much of the rest of the world. It is brutal and cruel and dark, Rome is the light.Comment
-
Have you ever been a contractor, Francko, or is this empty theorising a.k.a. Atw?Originally posted by FranckoHard Brexit now!
#prayfornodealComment
-
3 years and a half (not in the good times unfortunately).Originally posted by sasguruI've seen much of the rest of the world. It is brutal and cruel and dark, Rome is the light.Comment
Comment