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Currently on £360pd :laugh inside IR35. This is half of what my second client was back in 2022. But, it pays the bills so I can't complain much, in this economy too.
Me->Indian Agency->Indian consultancy->UK bank. I would think the UK bank is paying something like £800pd.
Pretty quiet at the moment. It should be picking up about...now, i.e. the last 5-10 days of Jan, and it hasn't. I usually start my contracts in mid-Feb.
I think the market is quite quiet in anticipation of how the global economy will move overall. I wouldn't expect companies to start investing...
I've been contracting for many years now, and as with many things, when you start from zero with no guidance at all, it's only natural to want to explore your options. Then again some people might be happy with not exploring any option, ever (might as well be an inside ir35 or perm!). There's...
It's not through a UK agent actually, it's from own connections, and via an EU agency.
An issue to what though? I think an agent not working with an offshore Ltd is one thing, tax treatment is another... I think I'll have to speak to an accountant to clarify taxation and eligibility criteria.
Is it worth creating and maintaining an offshore Ltd company to invoice EU clients, if I'm based in the UK, running costs aside?
I get 50% of my clients in EU these days and I wondered. if it's worth the hustle, and if not, why. I can still invoice my UK clients from my UK ltd. Corp tax...
I mean you'd never say "because I need to pay more taxes", you just ask for an increase. If you need to justify, you mention the value you add and the market rates. That should suffice.
The agent told me that they've discussed this with the end client and that this increase is in line with inflation and other increases across the board of contractors. I don't think the increase was always there as I have asked in the past and they had said that this was the max price. It's also...
Thank you all for your input. I just managed a rate increase of 7%!
So, to anyone who is reading this, there is hope and, as always, you don't ask-you don't get. Ask and thou might get!
I define "easy money" as in they can put the legislation in place and get the money -tomorrow. No push backs whatsoever and still ends up in gov's pocket.
Of course, that's always the consequence of high taxation; less spending and more money under the table/corruption.
Both good points, thanks.
Do you really feel that we might see changes still until Apr 23? To me, the change to 25% seems like "easy money" for the gov, as in "it was going to happen anyway" and not a whole lot happened when it was announced in the first place.