Reply to: Is it really this good?!

[Saddo]

Looking to go self employed but want to do a junior permie role first to get more experience

Self-employed isn't necessarily contracting in the way that you might be thinking.

As an IT consultant you ARE employed - by a Limited company which you happen to be in control of. If the crap hits the fan then the Limited company takes the hit - not you personally (unless you have acted fraudulently in which case the Limited company protection can be removed).

Self-employed is where you do your thing but haven't got the Limited company protecting you. Hairdressers and handymen etc might fall into that camp. If they chop someone's ear off or bring a house down whilst delivering their service then their personal assets are up for grabs.

[whoolio]

woah these boards are so active I had to spend 5 mins searching this post!

I am actually from england on a gapyear. Coming home soon Looking to go self employed but want to do a junior permie role first to get more experience.

Haha I am not mexican! My name and Cambodia are completely unrelated!

[EternalOptimist]

Sorry I was thinking of Cortez, not Panza.

[Doggy Styles]

Sorry I was thinking of Cortez, not Panza.

[shaunbhoy]

I've posted on CUK while in Cambodia.

So has Gary Glitter!!

HTH

[Doggy Styles]

Sorry, I was thinking of Colombia.

[EternalOptimist]

Sorry, I'll try and think of a better one next time.

sorry about the short skirts quip. I meant , er... muscly guys in lederhosen

[HairyArsedBloke]

This has gotta to be the worst troll post I have seen for awhile. Cambodia? Perlease....

Sorry, I'll try and think of a better one next time.

[MarillionFan]

This has gotta to be the worst troll post I have seen for awhile. Cambodia? Perlease....

I've posted on CUK while in Cambodia.

[northernladuk]

This has gotta to be the worst troll post I have seen for awhile. Cambodia? Perlease....

[thunderlizard]

I would agree that £45,000 personal income from 1 person billing £400'day is slightly too optimistic. It probably assumes you don't have any other expense e.g. software licenses, legal advice fees, phone, travel, which in reality would probably cost a contractor about £5,000/year on average. It also assumes you intend to leach all the cash out of the company all the time, which isn't a great way to run a business.

But basically yes, after you've been at it for a few years you can regularly take several months off without having to eat your own shoes. You probably won't be able to live like a king on your off-time, and the other thing is it's hard to plan when your contracts are going to be and how long they will take.

[Clippy]

Whoolio

Can you help?

We seem to have 'lost' three of our finest TV broadcasters in your country.

Have you seen them perchance?

They went on a Busmans holiday and haven't been seen since.

[Doggy Styles]

How comes you have a mexican name by the way ? shouldnt you be Sopham, or munny or something ?

Wasn't Cambodia part of the Mexican empire? Sancho Panza and all that? I'm no expert though.

[EternalOptimist]

Welcome whoolio. its not a bad life, providing you like beer and curries and ladies in short skirts.

How comes you have a mexican name by the way ? shouldnt you be Sopham, or munny or something ?

[MarillionFan]