Hi all!
First off, a short introduction. Since the wages are crap and finding a job is difficult in Sweden I decided to relocate to the UK after being offered a six month contract (my first contract ever) as a bi-lingual helpdesk analyst at a large company. I'm 23 and I'd like a career as an IT contractor. As mentioned before this is my first contact with the world of contracting so any advice you guys have of common mistakes one would easily do, would be nice.
My umbrella is Giant (read some nasty stuff about them here just before I registered with this forum) and looks like the amount I'll see in my account would differ a lot from the figures in the estimate they gave me at first.
My rate is £11 (think thats the lowest i've seen here ) I'm working 37,5 h/week.
And could someone please explain all the mumbo jumbo about Giant?
They're paying me the national minimum wage of £5.05, does that mean I'll only have to pay tax on £5.05? Which means I'll have another £5.95/hour tax and NI free? Of the 700£ invoice only 478 made it to my bank.:/
I claim £9.5/day subsistence, can I claim the higher subsistence? It says no receipts required and since I'm away from home 10+ hours I believe I'm eligible to claim?
How did you career look like when you were in my age and what does it look like now? How's your career progression been?
Thanks!
First off, a short introduction. Since the wages are crap and finding a job is difficult in Sweden I decided to relocate to the UK after being offered a six month contract (my first contract ever) as a bi-lingual helpdesk analyst at a large company. I'm 23 and I'd like a career as an IT contractor. As mentioned before this is my first contact with the world of contracting so any advice you guys have of common mistakes one would easily do, would be nice.
My umbrella is Giant (read some nasty stuff about them here just before I registered with this forum) and looks like the amount I'll see in my account would differ a lot from the figures in the estimate they gave me at first.
My rate is £11 (think thats the lowest i've seen here ) I'm working 37,5 h/week.
And could someone please explain all the mumbo jumbo about Giant?
They're paying me the national minimum wage of £5.05, does that mean I'll only have to pay tax on £5.05? Which means I'll have another £5.95/hour tax and NI free? Of the 700£ invoice only 478 made it to my bank.:/
I claim £9.5/day subsistence, can I claim the higher subsistence? It says no receipts required and since I'm away from home 10+ hours I believe I'm eligible to claim?
How did you career look like when you were in my age and what does it look like now? How's your career progression been?
Thanks!
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