Hello all
My first post here![Big Grin](https://forums.contractoruk.com/core/images/smilies/biggrin.png)
I am new to contracting, and have just started a 6 month contract in Germany (might be extended).
I am getting paid through a Payroll Management Company, who applied for an E101 for me.
My concern is if my take home is correct (or am I being exploited due to my lack of experience in contracting...and no source to turn to for guidance).
I've heard that contractors can take home upto 75-80% through a payroll management company.
I am single and with daily rate eur550, what % take home can I expect?
pls help!!!
My first post here
![Big Grin](https://forums.contractoruk.com/core/images/smilies/biggrin.png)
I am new to contracting, and have just started a 6 month contract in Germany (might be extended).
I am getting paid through a Payroll Management Company, who applied for an E101 for me.
My concern is if my take home is correct (or am I being exploited due to my lack of experience in contracting...and no source to turn to for guidance).
I've heard that contractors can take home upto 75-80% through a payroll management company.
I am single and with daily rate eur550, what % take home can I expect?
pls help!!!
![Oh Well](https://forums.contractoruk.com/core/images/smilies/ohwell.gif)
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