Originally posted by GigiBronz
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Consultancy - sounds glamourous - but the kind of companies that typically use consultants are not the kind of companies you want to work for. And thats effectively what you are doing working for a consultancy. Indirectly working for an undesireable company. Often in frustratingly dysfunctional environments.
Thats part of the flaw in IR35. Consultancies are relying on paying premium rates to contractors to get them to work for them with these undesireable clients. How many will want to now even with a salary of £80k (£4,578 net pm). As a higher rate tax payer. There wont be that much difference net per month than £65k (£3,853). £700 extra per month for having your soul destroyed - Is it worth it?
Unfortunately in perm to get 30% more salary than usual market rates its either consultancy or finance industry. Unless you can get a very senior role outside these 2 arenas.
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