• 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.

Previously on "'Permanent' role via my Ltd?"

Collapse

  • kingcook
    replied
    Originally posted by yasockie View Post
    Ok, I know what the obvious answer, except I just want to claim commute expenses, server costs etc and finally, at least in my case it would probably be just an interim thing until I find a contract on better terms.
    Given that would obviously be inside IR35 etc, could I still do it?
    I don't get you. If you go for a permie job, the contract of employment will be between you personally and the employer.

    If you want a contract between your ltd co and the client, this is not a permanent job.

    That's like asking someone to marry you, but you don't want of the bad bits (like watching TV together everynight, paying the bills, etc) but you want all of the good bits (sex mainly, although that goes on the decline PDQ in most marriages )

    Leave a comment:


  • yasockie
    replied
    Originally posted by Harmonic View Post
    Is it 100K + benefits or 100K package? If it's a package then you're probably looking at around 75K base with 25K split into bonus and benefits. A lot of places now have a flexible benefits scheme where you get to decide how much of the benefits pot goes to pension, healthcare, car etc.
    I guess that's up for negotiation, but the problem I have with this is 100k is considereded to be a very high salary even for London and obviously there are expectations to go with it. At best I would end up with ca 60k in my accounts, but I guess I would still have to pay for things like commute, renting servers from that money, with no way to claim for it.
    When looking at ir35calc, for example, it shows I can easily get the same amount of money with 500pd roles which I consistently get (albeit I never manage to invoice for more than 200days a year) and I'd be better off, in the end as I can claim at least some expenses...

    Leave a comment:


  • Harmonic
    replied
    Originally posted by yasockie View Post
    So for a role advertised at 100k/year how is that typically distributed?
    I'm guessing that some goes to pension and I get maybe a half of that net, in my account?
    Is it 100K + benefits or 100K package? If it's a package then you're probably looking at around 75K base with 25K split into bonus and benefits. A lot of places now have a flexible benefits scheme where you get to decide how much of the benefits pot goes to pension, healthcare, car etc.

    I had four permie jobs in five years before going contracting so learnt a lot about package vs base

    Leave a comment:


  • Harmonic
    replied
    Originally posted by yasockie View Post
    Ok, I know what the obvious answer, except I just want to claim commute expenses, server costs etc and finally, at least in my case it would probably be just an interim thing until I find a contract on better terms.
    Given that would obviously be inside IR35 etc, could I still do it?
    Can't see how the contract would work easily with a pure permie role but might be do-able with a Fixed Term Contract. When I joined a certain large blue hardware vendor as a permie we were all actually taken on four year FTCs and almost everyone got converted to perm after a year. First thing would be whether the ClientCo would be up for it. It might well screw up any employee benefits like pension, car etc. but worth having a chat with them about it.

    Leave a comment:


  • yasockie
    replied
    So for a role advertised at 100k/year how is that typically distributed?
    I'm guessing that some goes to pension and I get maybe a half of that net, in my account?

    Leave a comment:


  • malvolio
    replied
    Originally posted by yasockie View Post
    Ok, I know what the obvious answer, except I just want to claim commute expenses, server costs etc and finally, at least in my case it would probably be just an interim thing until I find a contract on better terms.
    Given that would obviously be inside IR35 etc, could I still do it?
    #
    No. Simple asnwer is that if you have a permanent role you have a permanent workplace.

    And it's not inside IR35. IR35 doesn't apply.

    Leave a comment:


  • yasockie
    started a topic 'Permanent' role via my Ltd?

    'Permanent' role via my Ltd?

    Ok, I know what the obvious answer, except I just want to claim commute expenses, server costs etc and finally, at least in my case it would probably be just an interim thing until I find a contract on better terms.
    Given that would obviously be inside IR35 etc, could I still do it?

Working...
X