Guessing contractors will have to pay that employers NI increase - trying to avoid it with lower salary means no state pension.
That said, it'll still be a small increase on a small salary so .....
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This only makes sense if you look purely at the output tax but ignore the input value.
In other words, you'll be free to go and do your equivalent permanent job on a comparable tax scheme... for £40k a year.
Contracting is still a good idea for all those people who aren't...
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