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Can be even worse than that. One of the Banks I was working for a few years back fired all the contractors and then tried to get them back a year later at half the previous rate. As I pointed out to the several agencies that called, after travel costs and hotel expenses I'd essentially be...
Judging by the number of "I'm desperate and will take anything" posts we've seen on here in the last 12 months, I'm sure IBs will have no problems recruiting contractors at rates significantly below £650. In fact, I've already seen plenty of evidence of IB dev roles at £450-500.
Last IB I...
Why would HN be the determinant of the IR35 status? Especially for a public-sector client?
I would have thought they will just reflect exactly what the client demands.
Geographic enthusiast and scientist John Flask has conducted research into the movement of plate tectonics, and how they are predicted to shift over the next 200 years..
Research into the matter was developed in Portland North State University, United States..
Flask suggests that within the...
Where it is not possible to carry out meaningful checks in the UK because of a lack of UK residence, prospective employees are required, as part of the BPSS, to give a reasonable account of any significant periods (6 months or more in the past 3 years) of time living abroad.
Etc., etc...
Moral of story: Have a globally diversified portfolio. No reason not to with today's technology.
Only 10% of my holdings are in UK-based funds - and even then, only in companies that make the vast majority of their profits overseas.
Best never to bet too much of your money on a tiny...
1. £2k. My SIPP plus other investments bring in nearly double that (after tax) with an SWR of 3.5%.
2. I semi-retired at 50. I fully retired at 55. Loving every moment of it.