Day rate question

[Biohazard]

As an indication we charge hourly rates anywhere between £33ph and £60ph depending on the job and client.

Brothel?

 

[Morba]

It is a hurdle to tax evasion by contractors.

You don't contract by any chance do you, Morba?

Tax avoidance thank you very much

and no, i dont contract..... since about 6 weeks ago i took a perm job after a couple of years contracting hehe

 

[Morba]

As an indication we charge hourly rates anywhere between £33ph and £60ph depending on the job and client.

Sounds about right. I know internally, as a contractor, my department were cross charging £62 an hour for my work. I didnt get paid that much, but thats how much other depts paid for me to do work for them!

 

[Stolly]

are you going through an umbrella company, or have you setting up your own company?
2 days a week sounds like it could lean into ir35, that will make a difference to the rate you want to charge.

He'll be nicely outside of IR35 if he's doing similar work for someone else some other days of the week.

HMRC have to prove he's subject to T&C's like an employee. If the permies have a clause in the contract saying they can't do that, and he doesn't then he's not really been treated like an employee.

Also if he has a substitution clause in his contract saying he can send someone else to do the 2 days a week if he's unavailable then that will stand him in good stead too. Permies can't do that.

Although to be honest IR35 is such a dogs breakfast there are no hard and fast ways of knowing if you are in or out, its all down to the interperatation if it goes to court.

 

[Stolly]

Tax avoidance thank you very much

and no, i dont contract..... since about 6 weeks ago i took a perm job after a couple of years contracting hehe

lol i've just done exactly the same thing. Its a bit of a culture change having to put up with all the probation period HR BS.

To rub salt into the wounds, when i got there i ended up on a team full of bloody contractors ! If they'd have offered me the role on a 6 month contract i'd have snapped their hands off !

 

[Ev0]

450 a day blimey!

work 5 days a week, 260 days a year.

that's 117 000 a year before tax!!

Assuming you work every weekday of the year, and you have work to do the whole year, which I imagine not

That's about right tbh, contractors generally make a good living

Plus you never get to keep as much of that as you'd like

But you don't get pension, sick pay, holiday, job security etc so there's a bit of a trade off.

I went contracting and was offered the role as a permy job and bit their hands off at the time. The salary and benefits made it much more attractive than staying contracting.

Saying that I still look around now and again and seeing stuff come up at 3/400 a day it is tempting sometimes!