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IT Contracting - Worthwhile?

  • 10-01-2008 3:23pm
    #1
    thewing
    Registered Users, Registered Users 2 Posts: 661 ✭✭✭


    Thinking about going contracting and wondering about the pros and cons vs permanency. Wondering if anyone could tell me, if have a decent accountant and say you were getting a daily rate of 500 a day (say 10000 gross monthly approx) how much would you get into your hand after the state has taken their pound of flesh? If anyone can provide a ball park figure i'd appreciate it greatly.


Comments

  • #2
    mick.fr
    Closed Accounts Posts: 1,974 ✭✭✭mick.fr


    thewing wrote: »
    Thinking about going contracting and wondering about the pros and cons vs permanency. Wondering if anyone could tell me, if have a decent accountant and say you were getting a daily rate of 500 a day (say 10000 gross monthly approx) how much would you get into your hand after the state has taken their pound of flesh? If anyone can provide a ball park figure i'd appreciate it greatly.

    If you do things properly you should get 75/80% in your pocket, PAYE/PRSI paid.
    Not talking about the VAT, which is not to be taken into account anyway.


  • #3
    thewing
    Registered Users, Registered Users 2 Posts: 661 ✭✭✭thewing


    Thanks Mick

    Think I need to get aboard that gravy train...


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