Originally posted by JamesFuller
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Previously on "Potential Contract work abroad. Help in logistics"
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Originally posted by JamesFuller View PostI suppose it's the post-tax income I need help with calculating right.
E.g. £400 x 5 x 4 = £8,000 but from that how much would be taxed, the best way to get the most income so that I can pay for both living costs and see what is saved.
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Originally posted by JamesFuller View PostI suppose it's the post-tax income I need help with calculating right.
E.g. £400 x 5 x 4 = £8,000 but from that how much would be taxed, the best way to get the most income so that I can pay for both living costs and see what is saved.
Leave a comment:
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I suppose it's the post-tax income I need help with calculating right.
E.g. £400 x 5 x 4 = £8,000 but from that how much would be taxed, the best way to get the most income so that I can pay for both living costs and see what is saved.
Leave a comment:
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Originally posted by JamesFuller View PostThank you again
This role is in Cork and apparently the rent is cheaper there?
The customer says they can only go up to 450 Euros (just over £400).
I don't know if this is enough to cover my living costs in Cork (Rent, £30 a week on food, maybe £20 a month gym, commute costs) + my living costs in the UK which is about £2,000 a month.
I know I can do the job and working in another country for a while sounds nice but I am having a hard time calculating whether this would work financially if I accept the rate above (£400).
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Originally posted by JamesFuller View PostThank you again
This role is in Cork and apparently the rent is cheaper there?
The customer says they can only go up to 450 Euros (just over £400).
I don't know if this is enough to cover my living costs in Cork (Rent, £30 a week on food, maybe £20 a month gym, commute costs) + my living costs in the UK which is about £2,000 a month.
I know I can do the job and working in another country for a while sounds nice but I am having a hard time calculating whether this would work financially if I accept the rate above (£400).
Nothing is cheap in Ireland, bit cheaper out of Dublin but basically it's high tax, high costs. the Lemsip factor is 10 sachets for 7.60 Euro, double UK prices....
Leave a comment:
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Thank you again
This role is in Cork and apparently the rent is cheaper there?
The customer says they can only go up to 450 Euros (just over £400).
I don't know if this is enough to cover my living costs in Cork (Rent, £30 a week on food, maybe £20 a month gym, commute costs) + my living costs in the UK which is about £2,000 a month.
I know I can do the job and working in another country for a while sounds nice but I am having a hard time calculating whether this would work financially if I accept the rate above (£400).
Leave a comment:
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Originally posted by JamesFuller View PostThank you for the advice
The country is Ireland and the maximum the customer can pay is 500 Euros a day.
Post tax in my current role I earn £40,000 and have a mortgage to pay so I want to ensure it covers that + any costs abroad in such a country.
I agree with the sentiment that it is wiser to work in the UK first as a contractor so am also trying to do that.
Getting the role and pulling in the coin is the easy part believe me......
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Reams and reams on information about contracting in Ireland on here and google.
Use the google search method to search for posts on this topic. Type the following in to google.
ireland site:forums.contractoruk.com
We don't have a clue how much you need to live, what savings you have, what rates you will be working on. You are gonna have to get down and crunch the numbers yourself. Or better still with an accountant.
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Thank you for the advice
The country is Ireland and the maximum the customer can pay is 500 Euros a day.
Post tax in my current role I earn £40,000 and have a mortgage to pay so I want to ensure it covers that + any costs abroad in such a country.
I agree with the sentiment that it is wiser to work in the UK first as a contractor so am also trying to do that.
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Looking at your posting history I think you need to sack off foreign gigs until you've got a few normal under your belt and have a grasp on the basics.
Gigs in Europe can be complex for contractors that know what they are doing.
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If you mention the country you will get more help.
Oh and don't use your real name on the board. Ask admin to change your username.
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The taxation issues of the country you want to work in for a start. Germany has some very stringent rules.
More research from your end is required.
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