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If one is open for both contract and permanent, how to arrive at equivalent pay?
Suppose we put 400/day inside IR35 on contractor calculator, we get below calculation :
Contract outside of IR35:
Net monthly income is around £5,096
Permanent salary required is £90,470
Contract inside of...
Hi all,
Looking for some guidance and would appreciate your thoughts.
I'm a Dutch national and have lived in the UK for 3 years now. I have a pre-settled status and no National Insurance number. I'm a freelance IT consultant and my limited company is based in the Netherlands. I currently have...
Hi experts,
I need your help urgently to make a contract structure. I am consulting/contracting from last 4 years from my Limited company (e.g. ABC Limited). I got a client who want to associate with my Limited company for a milestone based delivery model. It is going to be a big peace of work...
Hi, hoping there might be some on here able to offer an opinion..
I’m a mechanical engineer in the shipbuilding industry with 6.5 years of graduate level experience and I’m looking for a bit of advice on my present situation so apologies for the long post. I’ve moved around a bit so I’ll...
Govt committee on IR35 is calling for evidence from organisations and individuals. Let's do our part in spreading awareness and submitting evidence. To me the fact that Clients are putting blanket inside IR35 for all roles and refusing to work with PSC altogether is an indication that this isn't...
Hello
I've never contracted but I've been offered a 12 month contract on £50/hr so £400/day making = 40 h x £50 x 46 weeks (i.e. knock off 6 wks hols) = £92k
For a newbie to all this that sounds a lot, but having read a few posts perhaps not?? I just want to check your thoughts? (I'm a...
TL;DR;
I liquidated my LTD company and went for a permanent position. Unfortunately, it did not work out and I want to go back to contracting, but I can't open a new LTD for 1.5 year. What are my options?
I was a contractor for many years and around 1.5 year ago I decided to try a very...
Hi all,
A great blog post for those of you who have just started contracting, or trying to decide whether it's the right career path to go with?
Alex is a freelance software engineer who's been contracting in Europ for the past ten years.
He talks about some essential personality traits a...
Coming up on two years with current client, finding the market really quiet compared to two years ago. E.G. Same handful of CV-gathering jobs on main sites by a handful of recruitment agents; nothing much happening at Tier 1 Investment Banks; most jobs seems to be on the Asset Manager /...
I am an IT contractor with a UK limited company and planning to sub contract some work to other consultants.
Would I still make a profit with a mark up fee of 20%?
So, if I pay the sub-contractor say £500/day and I charge the client £600/day (20% mark up), would I still make a profit considering...
Hello,
This is my first post so I hope this is helps people who are in need of the same information.
I am looking to set up a limited company. I have been offered a day rate of £120.
To make the most from Tax and NI exemptions I have opted to set up a ltd company. Now for the figures I just...
Hi All,
I'm a long time reader however first time writer on this forum!
I have been a permanent SAP PM for a while now and have decided to take the step into contracting. I have decided to move forwards with a contract in Barcelona and have done some research about living/registering for an...
Hi everyone,
I'm a resident of Northern Ireland wanting to start as a contractor in the Republic of Ireland. My intention is to rent an apartment in Dublin while I keep my main residence, here in Northern Ireland.
I'm completely new to contracting and I'm read up on how to get set up as a...
Hi there,
I have recently given a contract in Sweden and I'm looking for a management company to assist me with the taxing issues. I came across Tupil contractor that they suggest a high retention rate. But I'm a bit cautious about how legitimate they are....
Do anyone have any experience to...
Hello fellow contractors,
I hope you had a fantastic bank holiday. I’m a long time contractor and first time poster and I have decided to do something a bit different. I’ve worked with all sorts of recruitment companies, some great, some average and some terrible. When researching these...
I'm interested in hearing peoples views on this topic.
I've had been looking for a new contract for about 3 months and like all of us, had endless waste-of-time calls fishing for information or trying to pitch perm roles they can't fill on the market. I worked my ass off to perfect my CV...
More a lurker than a poster... I am going start a contract role and will be going through Giant. Does it make a difference if I opt in or opt out of conduct regulations as I will be employed by Giant Umbrella? If there is a difference, which is best and why? Also what would the consultancy...
Hi,
I am French and I plan to maybe immigrate in UK in the next few months/years and I currently work as contractor in France ("Limited Company" type).
I want to have a first experience in UK before actually moving in completely. Is there any issues against contracting a UK Client with my own...
Hi,
I have an employee of a multination company. I have been made redundant from them now. My salary from this employment has been 33,000 GBP for 2015/2016.
I am about to start contracting via a limited company. I would be its sole director. I would be working from home. I am negotiating my...
Hi folks
I was wondering if I may get a general overview of contracting, as I am seriously considering it. What are the pro's and con's etc. how do I get paid and which agencies are best?
I am a newly qualified doctor, and I have been given advise, however I would like some alternative advise...