Subcontracting

[123soleil]

Hello,

I have the possibility to subcontract someone. I already have the job and it will be for 12months. I have a ltd company and the subcontractor also has one. Obviously, I will be taking a cut on the subcontractors daily rate.

My cut would be upwards of 200£/day

What do I need to consider before doing this?

PS: sorry if this topic has been asked many times already but i've tried using the search engine without much luck (or with very technical explanations).

thanks

[stek]

My cut would be upwards of 200£/day

What do I need to consider before doing this?

Getting off hard drugs....

[TheFaQQer]

My cut would be upwards of 200£/day

Someone's getting fleeced, or the rate that the client is paying is fantastic.

PS: sorry if this topic has been asked many times already but i've tried using the search engine without much luck (or with very technical explanations).

It's been discussed yesterday and today, so you've not looked too hard - http://forums.contractoruk.com/busin...ubstitute.html

[123soleil]

Getting off hard drugs....

Pwc make more than that on each of their employees

[Scruff]

The feckin' Sockie is back again... NLUK can you deal with him please?

[kingcook]

Hello,

I have the possibility to subcontract someone. I already have the job and it will be for 12months. I have a ltd company and the subcontractor also has one. Obviously, I will be taking a cut on the subcontractors daily rate.

My cut would be upwards of 200£/day

What do I need to consider before doing this?

PS: sorry if this topic has been asked many times already but i've tried using the search engine without much luck (or with very technical explanations).

thanks

200£/day?

You're not from 'round these parts are yee?

[northernladuk]

What do I need to consider before doing this?

Maybe reality?

[mos]

200£/day?

You're not from 'round these parts are yee?

Never mind that. You look lovely!

[d000hg]

I've subcontracted work I was paid $60/hr for at $15/hr before, but I adjusted the number of hours billed i.e only bill 1 hour for every 2 I was billed for.