Sooo, with all the IR35 gubbins happening recently I took the plunge and set up my own company while I contract.
With the inevitable sense of timing I received a call regarding a permanent job within the pay range that pre-company I would have considered immediately (from a contract point of view, I'm not one of these £60ph guys as some of my advice probably confirms ).
The pay range for the permanent role is around the net rate I take in as a contractor but I'll obviously be paying more tax through PAYE and there's the small matter that I can't wind up the company for another 11 months.
So bearing in mind this is an internet forum and I'm accepting this isn't professionally offered advice, can anyone give me an indication about
a) what sort of cost it's going to incur to keep a ltd company, bringing in no income, going for 10-11 months.
or
b) What amount, if you're a contractor, that you'd look to make over your current hourly rate to make it worth while moving to a permanent role when you've got the baggage of a ltd company.
With the inevitable sense of timing I received a call regarding a permanent job within the pay range that pre-company I would have considered immediately (from a contract point of view, I'm not one of these £60ph guys as some of my advice probably confirms ).
The pay range for the permanent role is around the net rate I take in as a contractor but I'll obviously be paying more tax through PAYE and there's the small matter that I can't wind up the company for another 11 months.
So bearing in mind this is an internet forum and I'm accepting this isn't professionally offered advice, can anyone give me an indication about
a) what sort of cost it's going to incur to keep a ltd company, bringing in no income, going for 10-11 months.
or
b) What amount, if you're a contractor, that you'd look to make over your current hourly rate to make it worth while moving to a permanent role when you've got the baggage of a ltd company.