Contract dilemma. Contract dilemma. - Page 2
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  1. #11

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    You say it’s the same money but haven’t factored in travel costs, regardless of how the contract sits. Hint: it’s not the same money.
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  2. #12

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    Quote Originally Posted by LondonManc View Post
    You say it’s the same money but haven’t factored in travel costs, regardless of how the contract sits. Hint: it’s not the same money.
    the OP said 'same rate' not 'same money'.
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  3. #13

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    Quote Originally Posted by BR14 View Post
    the OP said 'same rate' not 'same money'.
    What were you expecting the payment in, thermos flasks?
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  4. #14

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    Quote Originally Posted by LondonManc View Post
    What were you expecting the payment in, thermos flasks?
    It's point of semantics, true, but IMO the rate is what is paid to your LtdCo and the money is what is made from the gig.

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    Quote Originally Posted by ladymuck View Post
    It's point of semantics, true, but IMO the rate is what is paid to your LtdCo and the money is what is made from the gig.
    Okay if that is what BR14 is getting at. Money for me, when you’re thinking as a limited company director, is the bottom line profit for that gig, i.e. its revenue less its costs.

    How profitable is that contract to the limited company compared to the other one on offer? If the revenue is the same and so is the duration, then it is the one with the lowest costs.
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  6. #16

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    Quote Originally Posted by LondonManc View Post
    Okay if that is what BR14 is getting at. Money for me, when you’re thinking as a limited company director, is the bottom line profit for that gig, i.e. its revenue less its costs.

    How profitable is that contract to the limited company compared to the other one on offer? If the revenue is the same and so is the duration, then it is the one with the lowest costs.
    Well given one has travel costs and the others 100% from home, as both pay the same daily rate the WFH contract generates a high gross profit compared to the one that has travel costs.

    Downside is that the WFH sounds boring as hell but I don't think it matters as the other contract is just more interesting rather than a new skillset.

    I would take the WFH contract.
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  7. #17

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    like i said already:
    same rate.
    don't commute.
    simple.
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  8. #18

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    I thought OP was the older generation so choices are

    Better looking contract on paper and possible death by Covid by visiting office every day

    Or stay at home

    No brainer


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