With a salary there's a hidden cost of Employer's national insurance.
Er, no there isn't. I haven't paid a penny of NI in 14 years of contracting.
You don't pay NI on dividends .. and funny enough my salary is £1 less than when NI payments kick in ..
Is the job as a fiscal advisor to the Labour Party ?
Just wait until the smoke has cleared after the Tories and Lib Dems have finished shagging this country at both ends...
Without any smartypants tax avoidance... What would someone be taking home per month at £300 a day then? Eg. Paying the correct amount of tax as one would via PAYE? £3.5k?
Without any smartypants tax avoidance... What would someone be taking home per month at £300 a day then? Eg. Paying the correct amount of tax as one would via PAYE? £3.5k?
How can you possibly be in a position whereby anybody would want to take you on as a contractor when you lack basic multiplication skills?
You will find out if you take the red pill[FnG]magnolia;18893106 said:How deep does the rabbit hole go?
Without any smartypants tax avoidance... What would someone be taking home per month at £300 a day then? Eg. Paying the correct amount of tax as one would via PAYE? £3.5k?
[FnG]magnolia;18893247 said:Thread conclusion : yet another contractor who has no idea what he's doing.
AMIRITE?
Er, no there isn't. I haven't paid a penny of NI in 14 years of contracting.
You don't pay NI on dividends .. and funny enough my salary is £1 less than when NI payments kick in ..