I am sure some of you folks must be self-employed / contracting.
I am being made redundant in Sept, and have always been employed but I've had a few contract approaches. Seems to be quite a bit of short-term contracts out there at the moment 3, 6 even 9 months.
What I am trying to figure out is what premium I ought to be adding to cater for the loss of the employed benefits - holiday pay, sick pay, pension, BUPA, Dental care etc.?
I know I need to speak with an accountant type to see what I can claim for and as the contracts would be full time with one firm I am aware that I would still be treated by the HMRC as an employee but I wouldn't be getting the usual benfits from the employer. So I think I am looking at about a 20% uplift on basic salary to cover these benefits.