Permies constantly joking about contractors being rich

[PerfectStorm]

But why? Folk here trot this out all the time to newbies on here and claim they trot it out to curious permies, but the reality is I'd expect (hope) that most of us are financially benefiting from contracting. It's one thing to not engage with the silliness or to point out that it's not all roses but I don't see the point in pleading a hard life - most of us probably taking home considerably more than our permie counterparts. My company profits are around double per month what my permie salary take home was and my job hasn't changed that much.

More a bit of well-targeted modesty to keep relations cordial. Something I decided to do after watching friends who moved to contracting suddenly start walking around like they've got a 12 inch cock and everyone knows.

[FatLazyContractor]

But why? Folk here trot this out all the time to newbies on here and claim they trot it out to curious permies, but the reality is I'd expect (hope) that most of us are financially benefiting from contracting. It's one thing to not engage with the silliness or to point out that it's not all roses but I don't see the point in pleading a hard life - most of us probably taking home considerably more than our permie counterparts. My company profits are around double per month what my permie salary take home was and my job hasn't changed that much.

Not sure I understand your suggestion.

[vwdan]

More a bit of well-targeted modesty to keep relations cordial. Something I decided to do after watching friends who moved to contracting suddenly start walking around like they've got a 12 inch cock and everyone knows.

I think you can be modest without pretending it's a hard life, though!

[stek]

I'm on minimum wage me...

[FatLazyContractor]

I think you can be modest without pretending it's a hard life, though!

A simple email signature like:

FatLazyContractor,
Milker in Chief.

Day rate: 850+Expenses+Lunch coupons+Free W@nk in Boardroom
Car: To be delivered next month as the Bumper is getting studded with Rubies
Company Reg. No: 6969W@nk . For more info about profits, liabilities, assets please refer to Companies house website.

[VectraMan]

I politely tell people that it's not worth that much, you have to pay 3 kinds of tax that they won't (corporation, VAT and dividend) on a quarterly or annual basis, and that I could be told to leave tomorrow with no recourse. That you have to have an accountant - and a limited company that you're the director of. And a business bank account. And indemnity insurances. And that if they're still interested after that, that I'll happily discuss it over a coffee.

You don't have to pay VAT; in fact the VAT office gives you money. And you only pay CT and dividend tax thanks to the tax avoidance scheme you're running. If you paid the normal tax on your income (in the only way a permie understands) you wouldn't have to pay either, and you'd still earn substantially more for doing the same job. And before anybody says "flexible resource" check out today's threads by contractors invoicing in full whilst having no work.

[PerfectStorm]

I'm on minimum wage me...

I'm on a salary of £10,000 a year with no holiday

[DodgyAgent]

More a bit of well-targeted modesty to keep relations cordial. Something I decided to do after watching friends who moved to contracting suddenly start walking around like they've got a 12 inch cock and everyone knows.

Well said. and avoid arguing the toss or justifying yourselves is a good policy.

[DodgyAgent]

I'm on a salary of £10,000 a year with no holiday

Rich b*stard

[FatLazyContractor]

I'm on a salary of £10,000 a year with no holiday

*Rubs eyes*

May be I can help