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Recent content by aphrodita
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Umbrella and expenses in tax year 2016/2017
Thank you, I saw other ones, and I chose Crest because they are on Hays' list.... I just want to know if the story about the tax relief per week is true or not....- aphrodita
- Post #15
- Forum: Umbrella Companies
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Umbrella and expenses in tax year 2016/2017
Am I being scammed by Crest Plus? Am I being scammed by Crest Plus? I have submitted two time sheets: - 21st March - 25th March (week 51, which will be paid in week 52) - 28th March - 1 April (week 52, which will be paid out in week 1 of new financial year) My manager was too slow to approve...- aphrodita
- Post #13
- Forum: Umbrella Companies
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Anyone contract through Hays
Contract only states net rates, I didn't go deep into calculating net.... Another thing I understand - the further you live from work the more beneficial it is for you. If you're away for <10 hours, you're entitled to £5 meal/day + millage; if you're away from home for more than 10 hours...- aphrodita
- Post #63
- Forum: Business / Contracts
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Anyone contract through Hays
Thank you for this one - I will make sure to ask this question with one of guys from an umbrella company. I just know that for other person who came on board, Hays was offering X amount of money, but net income would be about 0.7X. So he wanted to pass on the offer and only then they told him...- aphrodita
- Post #62
- Forum: Business / Contracts
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Anyone contract through Hays
This is a brilliant summary - thank you very much :cheers: I do compare gross rates - not net rates vs gross rates, but it is indeed a good point. As for expenses, I scanned a couple of those umbrella websites and it seems that expenses are not taxable (FPS website in the section "how it...- aphrodita
- Post #59
- Forum: Business / Contracts
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Anyone contract through Hays
Hays informed me about the hourly rate I will have if I go self-employed. That hourly rate is 13.5% higher than my current one. My current pay rate also includes holiday pay that Hays puts aside for every hour I work, and repays me when I want to take a day off. I have to consider that for the...- aphrodita
- Post #57
- Forum: Business / Contracts
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Anyone contract through Hays
:cheers: I've made my calculations and if I'm going to work through an umbrella company - my hourly rate goes up by 13.5%. I am losing 2% pension (0.8% I'm paying + 0.20% paid by government + 1% Hays contributes), however I'm still earning 11.5% more + my expenses are paid. The only downside -...- aphrodita
- Post #55
- Forum: Business / Contracts
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Anyone contract through Hays
Thank you for your answer - in case I don't apply for a permanent contract within the company, I will be working for Hays. They sent me email back saying they never discussed umbrella company possibility with me as they thought it "will not be beneficial" for me. As far as I understand I can...- aphrodita
- Post #53
- Forum: Business / Contracts
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Anyone contract through Hays
Well, opt-out makes no point at this moment, as Hays contributing 1% to my pension "for free". However, I'm not sure about self-employment status. I just figured out that most (if not all) contractors in my company working through umbrella companies, while Hays never mentioned that option to me...- aphrodita
- Post #50
- Forum: Business / Contracts
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Anyone contract through Hays
than you are not working on Hays contract and your employer have to enroll you on their own pension. I think your situation is better as basically Hays found you a job and got their cut. After that your have nothing to do with them :smokin- aphrodita
- Post #47
- Forum: Business / Contracts
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Anyone contract through Hays
No, they don't get it at all... I asked for the contract and they were avoiding the conversation (like they do with everything), later saying "You don't need a contract with company you will be working for, because you have a contract with us".... Their contract is a very vague piece of paper. I...- aphrodita
- Post #42
- Forum: Business / Contracts
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Anyone contract through Hays
My frustration with Hays growth... It seems when you fill in timesheets and want to be paid, everything goes nice and smooth. The moment you need something extra - they are completely useless. After a job interview at the end of July, I've been informed I will get a contract and start on 1st...- aphrodita
- Post #40
- Forum: Business / Contracts
