Originally posted by miniboy
View Post
- 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.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
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.
Logging in...
Previously on "First Contract - What Daily Rate & Expenses"
Collapse
-
Sounds like you have the key element sorted, namely securing work.
Rest is details but dont sell yourself cheap, they will judge you on what you ask for so make sure you are 'reassuringly expensive'.
I think 850+ per day is not unreasonable at that level but think about exp too as these can add up.
If they accept your first rate offer, you didn't ask for enough...
Leave a comment:
-
Thanks for all the great info guys. I am talking to Brooksons who have an overseas department who in turn have partners they work with 'in country'
Thanks again
Leave a comment:
-
I would look into the Dual Taxation Agreements that are in place when working abroad other you're going to get spanked for tax and look at the HMRC6
Leave a comment:
-
Originally posted by MyUserName View PostWhen I was overseas as a permie I could always claim laundry as an expense. It might be unusual (I have never tried it in a different company) but it is not an unreasonable question.
Leave a comment:
-
Originally posted by TheFaQQer View PostLaundry isn't going to be paid by the client. Get a grip, or get your mum to wash it for you.
Leave a comment:
-
Originally posted by miniboy View PostI have just left full time employment on a salary of £95k and £15k commission plus usual company benefits, pension car, etc. and now starting in interim Management and have approached for a senior role on what is likely to be a 6 month contract. I concentrated on selling my ability to be a success and will not discuss my daily rate until next week.
The role is likely mean spending the majority of time on site in Europe and have no real idea of the following.
1) What would be a reasonable equivalent day rate to my old perm package?
2) With regards to expenses what would be reasonable for flights, accommodation, meals, laundry etc etc
All advice welcome.
Many thanks
A few years back, I did a project in London. When I started the role, it used to cost me about £40 on a Monday to fly down. Mid-way through, the airline changed the type of plane so there were no cheap seats available, and the fare went up to £250 one way. Since I was on an all-inclusive rate, I got hit with the increase, with nothing from the client - it's not their problem if the prices change.
Laundry isn't going to be paid by the client. Get a grip, or get your mum to wash it for you.
Leave a comment:
-
Originally posted by northernladuk View PostI presume you have looked very carefully into the implications of spending a lot of time working out of the country? Might be ok with a 6 monther but if they extend you it will be very easy to end up falling foul of tax laws in other countries.
Just a warning even a 6 month stint in some countries is too long from a personal tax point of view.
It's up to you not the tax adviser to confirm whether the way you are working is the best way as some "advisers" have promoted schemes which have got people in trouble with different tax authorities in Europe.
Search on here about a particular country, and only after searching ask if you can work as the thread suggested in that country.
Leave a comment:
-
I presume you have looked very carefully into the implications of spending a lot of time working out of the country? Might be ok with a 6 monther but if they extend you it will be very easy to end up falling foul of tax laws in other countries.
Leave a comment:
-
-
Originally posted by MarillionFan View PostFor a £95k salary, I would have concentrated on my ability to punctuate properly as opposed to your ability to 'be a success'.
MarillionFan, If that's all you have to offer I can see why you have the time on your hands to make 24000+ posts!
Leave a comment:
-
The oft quoted rule of thumb for rate is annual salary / 1000 = hourly rate.
So taking 110k as your perm salary, if you're going to be working an 8 hour day, you should be thinking around the £880 mark, but I'd suggest that there's some room for a fair bit flexibility either way.
Leave a comment:
-
Originally posted by miniboy View PostI have just left full time employment on a salary of £95k and £15k commission plus usual company benefits, pension car, etc. and now starting in interim Management and have approached for a senior role on what is likely to be a 6 month contract. I concentrated on selling my ability to be a success and will not discuss my daily rate until next week.
The role is likely mean spending the majority of time on site in Europe and have no real idea of the following.
1) What would be a reasonable equivalent day rate to my old perm package?
2) With regards to expenses what would be reasonable for flights, accommodation, meals, laundry etc etc
All advice welcome.
Many thanks
Leave a comment:
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Leave a comment: