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thanks. . so contracting wise contacted and they are claiming to get in hand of 2580 something per week..
while i can see it cannot go beyond 1650~ per week.
what these guys do and i think the hmrc will be behind me for that in future ?
On £600 per day, your take home should be around £1,685 on a weekly basis, so about 56% unless you have pension - 70% is highly unlikely for a 40% tax payer.
so it is too good to be true kind of stuff .. as it seems way high..
can you pls provide the calculation for 70% in hand as mentioned before ?
thansk
Hi kingkk,
If you were a basic rate tax payer, then you could look closer to 70%. However, your advised rate will bring you into the higher rate tax bracket, so this will sit closer to 60%.
Hope this helps.
Send me an email and I'll have some calculations sent over.
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