I'm a Project Manager, it's typical that I see invoices for my time re-charged against my budgets, not uncommon for me to have to do the approval signoff for them.
Many agents have no conception of how the contractors they place may find out the Agency rates perfectly routinely.
- 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: Apropo nothing
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 "Apropo nothing"
Collapse
-
I did something similarly clever. I found the agency invoice in the photocopier.
Leave a comment:
-
Apropo nothing
Was chatting Friday lunchtime with other contractors at my skive of a project.
Rates were discussed. And not knowing what margins some were on.
I showed them how to find the supplier number of their agency in the Accounts Payable, then run a report to screen of the suppliers invoices, and vouchers the accounts department pays the invoices off with.
You can take the sums and deduce the margins.
One small agency had just one guy placed, and the accounts department had titled the vouchers as [supplier]-[contractor name]. Right down to days worked in the "Quantity" field.
It was a small matter of arithmetic of taking of the VAT, and working the rest out.
PS: we were looking at the TEST area, which is a copy of last weeks LIVE, and as developers, we have to have full access to everything, so don't come back with accessing sensitive information, OK?
It was most fun. I have armed them with a negotiating tool for renewals, etc.
It is quite fun being on the other side. I am beginning to enjoy it.Tags: None
- 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
- Business expenses: What IT contractors can and cannot claim from HMRC Jan 30 08:44
- April’s umbrella PAYE risk: how contractors’ end-clients are prepping Jan 29 05:45
- How EV tax changes of 2025-2028 add up for contractor limited company directors Jan 28 08:11
- Under the terms he was shackled by, Ray McCann’s Loan Charge Review probably is a fair resolution Jan 27 08:41
- Contractors, a £25million crackdown on rogue company directors is coming Jan 26 05:02
- How to run a contractor limited company — efficiently. Part one: software Jan 22 23:31
- Forget February as an MSC contractor seeking clarity, and maybe forget fairness altogether Jan 22 19:57
- What contractors should take from Honest Payroll Ltd’s failure Jan 21 07:05
- HMRC tax avoidance list ‘proves promoters’ nothing-to-lose mentality’ Jan 20 09:17
- Digital ID won’t be required for Right To Work, but more compulsion looms Jan 19 07:41

Apropos
Leave a comment: