• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
Collapse

You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:

  • You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
  • You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
  • If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.

Previously on "State of the Market"

Collapse

  • ruasonid
    replied
    Originally posted by northernladuk View Post

    There is no standard so pot luck, as is the amount. Not all companies are doing it and from what I have seen it's only public sector minus some odd examples in private. It certainly isn't standard accross the board. Generally your tax problems are not theirs. They pay the same amount whether you are inside or outside so they are under no obligation to uplift it. The only reason for them to do it is to continue to attract the best contracts and not be left with the dross when the good ones find outside gigs.
    Thanks. Coming back to the market after a 2.5 year hiatus (Brexit and COVID were the least of my concerns) that put things into a fresh perspective.

    Had a look at https://www.contractorcalculator.co....4010_news.aspx

    Also used the calculator. It seems a c. 30% markup would be needed to receive the same net as outside.

    I'm seeing mainly inside roles and this one is inside or perm. Just missed out on an outside role but rates were lower so... Have another local FTC 6mo opportunity that might be an easier way back after being out of the game for so long.

    Leave a comment:


  • BigLadFromBeeston666
    replied
    Sitting on £700 p/d Outside until April. Really can't complain.

    Actually, I can. Hays are the intermediary at the moment and are absolutely shocking.

    Meant to be self-billing paid weekly. Some weeks completely missed, others arrive late.

    First time in my contract life I've thought about taking a pimp to court. For now sending chaser emails every other day will have to suffice...

    LONG LIVE THE BULL MARKET!

    Leave a comment:


  • northernladuk
    replied
    Originally posted by ruasonid View Post
    Any thoughts on day rate uplift for inside? I'm seeing figures around 17-20% (if it's negotiable) for public sector but not for private. Role is mainly remote with occasional onsite.
    There is no standard so pot luck, as is the amount. Not all companies are doing it and from what I have seen it's only public sector minus some odd examples in private. It certainly isn't standard accross the board. Generally your tax problems are not theirs. They pay the same amount whether you are inside or outside so they are under no obligation to uplift it. The only reason for them to do it is to continue to attract the best contracts and not be left with the dross when the good ones find outside gigs.

    Leave a comment:


  • ruasonid
    replied
    Any thoughts on day rate uplift for inside? I'm seeing figures around 17-20% (if it's negotiable) for public sector but not for private. Role is mainly remote with occasional onsite.

    Leave a comment:


  • KentDogWalker
    replied
    Originally posted by PerfectStorm View Post
    I've got to say - it's great to hear opportunities coming in, and 9/10 outside of IR35.

    I think we possibly got what we wanted - the companies stopped taking the easy advice of the 'consultants' and actually made their roles outside of IR35, in name and in spirit. Everybody wins.
    yeh i agree, the gov is sent away red faced. well done yall

    Leave a comment:


  • NorthWestPerm2Contr
    replied
    Just finished my contract on Friday and looking at the market.... Outside more common than last time I checked and Inside rates starting to improve a little. Looks like it will be a few weeks until I land my next contract and could even take a couple of months.

    Leave a comment:


  • northernladuk
    replied
    Originally posted by ensignia View Post

    Maybe in a very specific market, but virtually all roles I'm seeing are Inside albeit with a slightly higher rate to compensate.
    Kind of same but I'm thinking more 70/30 inside to outside so in the middle of you both. Nearly 100% for public sector though. Not too many increased rates from what I can see.

    Leave a comment:


  • ensignia
    replied
    Originally posted by PerfectStorm View Post
    I've got to say - it's great to hear opportunities coming in, and 9/10 outside of IR35.
    Maybe in a very specific market, but virtually all roles I'm seeing are Inside albeit with a slightly higher rate to compensate.

    Leave a comment:


  • PerfectStorm
    replied
    I've got to say - it's great to hear opportunities coming in, and 9/10 outside of IR35.

    I think we possibly got what we wanted - the companies stopped taking the easy advice of the 'consultants' and actually made their roles outside of IR35, in name and in spirit. Everybody wins.

    Leave a comment:


  • quackhandle
    replied
    Seems to be picking up on the outside stuff at a decent market rate, i.e. normal market rate and not "a market rate that is down 25-40% as we are still not sure if this role is really outside IR35".

    Two interviews next week.

    This made me chuckle this morning:

    "Hello qh,

    we are recruiting for a contract role that is outside IR35 but we will be looking to make the contractor permanent after 4 months."



    qh

    Leave a comment:


  • Lance
    replied
    Originally posted by ContractorBanking View Post
    Likewise here, never seen it so busy.. my phone and LinkedIn updates have been busy since late Aug.

    Managed to bag a good contract last month, albeit inside IR35.
    a.k.a. a job

    Leave a comment:


  • ContractorBanking
    replied
    Likewise here, never seen it so busy.. my phone and LinkedIn updates have been busy since late Aug.

    Managed to bag a good contract last month, albeit inside IR35.

    Leave a comment:


  • CheeseSlice
    replied
    When I was last looking in Sept I successfully negotiated inside rates that had the employers NI added on top of my outside rate. Got an outside one in the end though.

    "you see I'll have to pay your clients employer taxes on their behalf, so I need to add that onto the rate"
    "as they want to do it inside IR35, thats their decision, so I have to charge the extra to pay their taxes for them"

    Plain and simple language to the agents seems to get through, especially when you're in demand. Not sure it'll work the same during lean times though.

    Leave a comment:


  • ensignia
    replied
    Market is really strong at the moment, my phone hasn't stopped ringing for the past few weeks.

    Shame my Outside gigs are both coming to an end though. There seem to be far more Inside roles available which I'm loathe to take, but may be forced to.

    Now, to the age old question: £675 inside vs £500 outside?

    Leave a comment:


  • Lance
    replied
    Originally posted by PCTNN View Post

    when a company says they want you to be in the UK, it's just to avoid indians applying in the thousands. once you have a uk bank account, a ni number and you receive your laptop, you can move wherever the hell you want
    really?
    You never heard of conditional access?
    As more and more identity attacks are used as vectors for infiltration, more and more countries are going to be blocked by organizations (with exceptions made on a person by person basis).

    Leave a comment:

Working...
X