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PAYE only at Deutsche Bank??

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    #21
    Originally posted by accounting4contractors
    Hi, I've been verbally offered a contract at Deutsche Bank in London, and have heard that they insist on their contractors going PAYE as opposed to using a limited company.

    Can anyone who works there or has worked there confirm if this is the case or not??

    Thanks for your help
    I have done several gigs for DB, you can definately work through LTD,
    make sure your contract is outside IR35 though.

    Comment


      #22
      Originally posted by andrew_neil_uk
      I believe max contract length is 9 months at DB?
      If you get onto a specific project which has a set delivery then you can
      probably be there forever, the 9months or in some IB's 46weeks limit is
      for general contractors who are providing support/development and not
      part of clear cut project.

      Also if you develop any software / process which is very complicated and
      no one else can understand then you can probably be there forever as well.

      HTH

      Comment


        #23
        Originally posted by accounting4contractors
        Hi, I've been verbally offered a contract at Deutsche Bank in London, and have heard that they insist on their contractors going PAYE as opposed to using a limited company.

        Can anyone who works there or has worked there confirm if this is the case or not??

        Thanks for your help
        Tell them to feck off. Next.

        Comment


          #24
          Originally posted by Bright Spark
          If you get onto a specific project which has a set delivery then you can
          probably be there forever, the 9months or in some IB's 46weeks limit is
          for general contractors who are providing support/development and not
          part of clear cut project.

          Also if you develop any software / process which is very complicated and
          no one else can understand then you can probably be there forever as well.

          HTH
          Interesting. I am a JP Morgan where you can be here 3 years only - then you must take 6 months and 1 day off. There an exemptions - currently 4 out of a department of 500(about 100 contractors).

          Comment


            #25
            Originally posted by andrew_neil_uk
            Interesting. I am a JP Morgan where you can be here 3 years only - then you must take 6 months and 1 day off. There an exemptions - currently 4 out of a department of 500(about 100 contractors).
            wouldn't want to be one place longer than 3 years anyway...
            "Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny. "


            Thomas Jefferson

            Comment

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