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Becoming a contractor programmer in the UK

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Re: Becoming a contractor programmer in the UK

#161
post #97
post #51

Earlier quoted context omitted.

> For Central London, a developer should be asking for £300-£600/pd depending on seniority and what they're doing. That seems pretty low to me. Here in the Netherlands contract developers get about the same, between £400-£600/pd (actually between 70~90 euro/hour) but cost of living is way lower than in central London.

Where do you go for your contact leads in NL? I know the London market well but find it hard to find any decent Euro contracts.

Most contracts are at large enterprise size companies, like isp's, banking, government. Those companies don't do direct business with contractors but post their contracts through brokers, here some large ones:

https://qualogyportal.secure.force.com http://www.it-staffing.nl/ https://www.headfirst.nl https://www.freelance.nl/

Re: Becoming a contractor programmer in the UK

#163

Earlier quoted context omitted.

There's less supply in the Netherlands. I get a lot of offers here in London for contracts in the Netherlands.

tell me more...

Not much more to say. Companies in the Netherlands are advertising roles and contracts here in London. I have friends working in agencies in the Netherlands and they have a hard time sourcing developers locally.

Re: Becoming a contractor programmer in the UK

#164

What does everyone do with the cash in their ltd company? My acct advises leaving the cash in the company but HMRC seem arsey about investing directly rather than moving it into an ISA which obviously then incurs an income tax hit.

Generally you would start a Business Account, Barclays are good. You then pay yourself from your company but at a much lower rate than your company gets paid say an annual salary of £10,000. This will cause money to build up in your company account which you pay to yourself as dividends which are more tax efficient to get your money out. This is why most contractor use an accountant to manage the payroll etc
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