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Recent content by VenerableBede

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Is a 61% to 64% net return the norm

I am currently on 58000 as a contractor. When I worked as a "Full time" employee I was on 40000 with 24 days holiday. I don't get this. Is aprox 62% net the norm as a contractor within IR35?
- VenerableBede
- Post #3
- Sep 26, 2012
- Forum: Umbrella Companies
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Is a 61% to 64% net return the norm

Hi All. I'm new to all of this so please be patient. I have been contracting for about 1 1/2 years and used 2 different Umbrella companys. From my experience I have been getting a return of only around 61%-64% as I don't accrue much in the way of expenses. I have started to reaccess...
- VenerableBede
- Thread
- Sep 25, 2012
- Replies: 10
- Forum: Umbrella Companies

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