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Recent content by CFC
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C
A Sad “IR35” Day
Thinking of only using SI's as contractors will always backfire. On any project implemented by an SI, especially if its a big transformation project, you need a client team and the SI team. The client team is usually formed out of contractors, if the market is niche such as HR transformations...- CFC
- Post #62
- Forum: Accounting / Legal
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C
Considering leaving Full Time and start contracting
I did ask, please check my previous posts when I asked if people think I am having right expectations, but all I said was based on what contractors I've met on projects are receiving. I don't know if I would receive the same, but will at least try to negotiate that when the time is right...- CFC
- Post #39
- Forum: Business / Contracts
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C
Considering leaving Full Time and start contracting
If I would have the opportunity, I would claim 50p. Any penny saved, is good at the end of the day, and why spend your hard earn money, if the possibility of expensing it would arise ?- CFC
- Post #37
- Forum: Business / Contracts
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C
Considering leaving Full Time and start contracting
Thanks for all your replies. I didn't say that is what I will get, as I don't know yet what will be end result of discussions around this, I was simply asking a question as to what I would expect to expense from the client. This is all based on prior experience having talked with contractors in...- CFC
- Post #36
- Forum: Business / Contracts
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C
Considering leaving Full Time and start contracting
So for abroad located clients, where travel is involved, the industry standard ( for the technology I work ) is daily rate + expenses.The idea is that you would not be travelling to the client site every day, so please explain to me how do you expect to include this in your daily rate when it...- CFC
- Post #28
- Forum: Business / Contracts
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C
Considering leaving Full Time and start contracting
Depends on where the client is located. If the client is within the UK ( to be more specific in a driving/train radius of London, so no overnight stay ), I would be thinking at transport costs, or maybe not even that and just expense towards the LTD directly in this case. If the client is...- CFC
- Post #26
- Forum: Business / Contracts
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C
Considering leaving Full Time and start contracting
Thanks for the great insight, really appreciate you sharing your story with the board and I'm glad you were able to have success. In my current job I am at quite a high level, next level would require at least another 2-3 years to pass, don't know how this timeline seems to you, but from past...- CFC
- Post #25
- Forum: Business / Contracts
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C
A Sad “IR35” Day
What are you gonna do ? I wouldn't take the extension based on that, although I don't have contracting experience, so could be wrong.- CFC
- Post #2
- Forum: Accounting / Legal
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C
Considering leaving Full Time and start contracting
Yeah the IR35 piece worries me more than Brexit. Based on initial discussions, its still ongoing so yet can't be sure, the idea would be to travel to the client site 1-2 times a month, rest being remote work, for the EU opportunities. For the UK ones, I do not know if much travel would be involved.- CFC
- Post #21
- Forum: Business / Contracts
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C
Considering leaving Full Time and start contracting
Usually contracts for my industry are 6 months to a year, with potential extensions, but rarely go after the lifetime of an implementation project, so max would see it at 2 years.- CFC
- Post #20
- Forum: Business / Contracts
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C
Considering leaving Full Time and start contracting
At 44 weeks per year at 600£ a day, the total income would be around 7100£. That's with expenses set at 3000£ per year, and no additional expenses from the company ( e.g laptop which is 2000£ a good one, maybe have a pension pot open and so on ). To be honest, in consulting, I couldn't even...- CFC
- Post #19
- Forum: Business / Contracts
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C
Considering leaving Full Time and start contracting
No, they didn't say that. They said they will send this to the client, and they will schedule a call between me and the client to discuss this. As I have mentioned my industry is niche, it deals with integrations between a SaaS HCM product and different vendors ( payroll, finance and so on ).- CFC
- Post #15
- Forum: Business / Contracts
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C
Considering leaving Full Time and start contracting
I am not assuming that, although all the contractors I know in this industry are moving from contract to contract.- CFC
- Post #14
- Forum: Business / Contracts
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C
Considering leaving Full Time and start contracting
I out in an online calculator to see how much this would come to, just taking into consideration a daily rate of 600£. Took out costs such as an estimate on accounting. Regarding expenses, I made it clear to the recruiter, wouldn't be interested in a contract if its not daily rate + expenses, so...- CFC
- Post #12
- Forum: Business / Contracts
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C
Considering leaving Full Time and start contracting
Is it really that bad ? Does the IR35 legislation also affect contracts located abroad ? Could get some contracts in Paris, according to the recruiter. I used an online calculator and at that rate, I would be ending up around 2.5k extra per month in my pocket. Could get even a little bit higher...- CFC
- Post #8
- Forum: Business / Contracts
