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Congratulations! Does the UK have some tax benefits for contractors? I'm asking because sometimes my employer (a DevOps / Cloud consultancy) gets contacted by U
by MaKey 4y ago
Congratulations! Does the UK have some tax benefits for contractors? I'm asking because sometimes my employer (a DevOps / Cloud consultancy) gets contacted by UK recruiters and with offers around 600 Euro per day they might get a fresh junior consultant here if they are lucky, but they are always looking for someone with 3-5 years of experience.
- LatteLazy 4y agoThanks! No, quite the opposite unfortunately. The taxes are higher and you're not eligible for anything a normal employee would be (covid payments, state pension etc)... The government are gradually outlawing the process now (IR35 pushes the tax rate up to about 80%). Back in the 80s, it was apparently an excellent deal but not anymore... Still, it's good money if you can find a role.