- 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!
Reply to: Do you want me in your team?
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 "Do you want me in your team?"
Collapse
-
Go through every post in the conversation. Pull them together and try to see where you are going wrong.Originally posted by Old Hack View PostSo, if I have this right, you believe a contract negotiated in pounds 10 years ago would be worth more today. For as I see it, 10 years ago, living in Australia, he would have A$1200 a day in his pocket, and today A$700 in his pocket had he negotiated in sterling, as he suggested.
Leave a comment:
-
You make Suity look like a main playah.Originally posted by Old Hack View PostSo, if I have this right, you believe a contract negotiated in pounds 10 years ago would be worth more today. For as I see it, 10 years ago, living in Australia, he would have A$1200 a day in his pocket, and today A$700 in his pocket had he negotiated in sterling, as he suggested.
Leave a comment:
-
So, if I have this right, you believe a contract negotiated in pounds 10 years ago would be worth more today. For as I see it, 10 years ago, living in Australia, he would have A$1200 a day in his pocket, and today A$700 in his pocket had he negotiated in sterling, as he suggested.Originally posted by Old Hack View PostAll ears.
Please explain what is wrong in saying if you were paid in aussie dollars 10 years ago, that this amount is worth more in pounds today, than then.
2002 A$3:1 - $1200 worth £400
2012 A$1.7:1 A$1200 worth £700
or
2002 A$3:1 - £400 worth A$1200
2012 A$1.7:1 £400 worth A$700
All ears
Leave a comment:
-
All ears.
Please explain what is wrong in saying if you were paid in aussie dollars 10 years ago, that this amount is worth more in pounds today, than then.
2002 A$3:1 - $1200 worth £400
2012 A$1.7:1 A$1200 worth £700
or
2002 A$3:1 - £400 worth A$1200
2012 A$1.7:1 £400 worth A$700
All ears
Leave a comment:
-
See if you can work it out for yourself. Try explaining it in more detail and that may help.Originally posted by Old Hack View PostOK, please, I am open to the house how that is wrong in any way greg. Go on. All ears
Leave a comment:
-
On second thoughts, take this, you'll get there quicker Hack.Originally posted by MarillionFan View Post
Leave a comment:
-
Originally posted by Old Hack View PostFTFY
He said, paraphrasing, I am smart, for my contract is in sterling, and I convert it to Aussie dollars. I pointed out that thats not clever, as a better one, would be to contract in aussie dollars and convert that to pounds, considering that the pound has been devaluing against the dollar. Thus, if you are paid in aussie dollar, your rate 10 years ago, would be worth more today, in pounds.
An example I used, was if you earned A$1200 a day 10 years ago, it would be worth £400 a day. However, if you earned A$1200 a day today, it would be worth £700 a day.
However, if you earned £400 a day, it would be worth A$1200 a day 10 years ago, but only A$700 today.
Thus, the best contract to negotiate 10 years ago would be in Aussie dollars, not in pounds.
But again, you are too dumb to realise it.
He even admitted he fooked up.
But carry on Greg, I kind of like the way you light up the stupidity ranks.
Leave a comment:
-
FTFYOriginally posted by speling bee View PostI don't think I could have imagined the level of idiocy combined with lack of self-awareness I showed.
He said, paraphrasing, I am smart, for my contract is in sterling, and I convert it to Aussie dollars. I pointed out that thats not clever, as a better one, would be to contract in aussie dollars and convert that to pounds, considering that the pound has been devaluing against the dollar. Thus, if you are paid in aussie dollar, your rate 10 years ago, would be worth more today, in pounds.
An example I used, was if you earned A$1200 a day 10 years ago, it would be worth £400 a day. However, if you earned A$1200 a day today, it would be worth £700 a day.
However, if you earned £400 a day, it would be worth A$1200 a day 10 years ago, but only A$700 today.
Thus, the best contract to negotiate 10 years ago would be in Aussie dollars, not in pounds.
But again, you are too dumb to realise it.
He even admitted he fooked up.
But carry on Greg, I kind of like the way you light up the stupidity ranks.
Leave a comment:
-
I don't think we'll ever see his like again when it comes to idiocy combined with lack of self-awareness.Originally posted by Old Hack View PostFTFY
Just for the audience, explain fully how you were correct about the currencies.
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
- How salary sacrifice pension changes will hit contractors Dec 24 07:48
- All the big IR35/employment status cases of 2025: ranked Dec 23 08:55
- Why IT contractors are (understandably) fed up with recruitment agencies Dec 22 13:57
- Contractors, don’t fall foul of HMRC’s expenses rules this Christmas party season Dec 19 09:55
- A delay to the employment status consultation isn’t why an IR35 fix looks further out of reach Dec 18 08:22
- How asking a tech jobs agency basic questions got one IT contractor withdrawn Dec 17 07:21
- Are Home Office immigration policies sacrificing IT contractors for ‘cheap labour’? Dec 16 07:48
- Will 2026 see the return of the ‘Outside IR35’ contractor? Dec 15 07:51
- Contractors, Reeves’ dividends raid is disastrous. Act, but without acceptance Dec 12 07:10
- Why JSL indemnity clauses putting umbrella contractors on the hook could be a PR disaster Dec 11 07:36

Leave a comment: