subby or full time, what do you reckon?

[monkeybusiness]

Just bear in mind if you go working for yourself it can be more tax efficient than being employed as you get to put all your expenses (within reason) through the books, thus reducing your tax liability. However, this works both ways as you subsequently (on paper) earn less money (the less profit you show the less tax you pay) - it can then become a lot harder to get a mortgage (or even remortgage when your current plan comes to an end). I'd say if you are looking to buy a house or remortgage in the next couple of years then stick with employment personally.

[likeitorlumpit]

The question is really- at what employed rate does it become better to go solo.

Say you're on £450 a week employed. Do you think 3 days at £150 would be better or worse. Well, thats the gamble.

If you can get 4 or 5 days solo then it's better though you then have to find holidays and kit. Hmm.. That gives you £300 to cover the extras including the inevitable downtime in winter and any health issues.

I'm guessing you're not on £450 a week. Have you tried asking your boss for more money- may be easier in the long run.

[jeanesy]

We do a 45 hour week and I'm on £10ph. To be perfectly honest, I think my boss probably would give me a bit more money, it's more the change I'm considering it for. It appeals to me to work for a few different people and see how different people do things differently. Maybe it's a case of the grass being greener, but maybe not.

[Steve Bullman]

Maybe it's a case of the grass being greener, but maybe not.

 

The grass is always greener on the other side if we nurture it. We make our own luck in life