Information Analyst skilled with SQL Server (and preferably OLAP reporting) is urgently required. You will have experience of specifying and creating complex reports using a range of tools accessing SQL databases. You will have both current programming and scripting development skills and have worked in an environment where huge volumes of data have required data cleansing.
You will work as part of a small team to improve the quality of data imported onto the client's database, turn raw data into relevant usable, high quality information and deliver planned and ad hoc reports.Any experience within the NHS or political awareness of issues around Fertility would be highly desirable. This is an excellent 6 month fixed term contract opportunity, so please do send through a technically detailed CV asap.
G & G Recruitment are working as an Employment Agency.
Friday, June 27, 2008
Information Analyst - SQL Server, SSRS, SSAS, SSIS
Wednesday, June 25, 2008
When IT contractors should quit
It’s not often in the last few years that IT contractors, the UK’s best-paid IT staff, have been forced to seriously consider whether to ditch their contracts for services.Even if contractors could bring themselves to ponder ‘resignation’ – a process more befitting permanent staff, the smell of other contracts over the hill would make it a quick decision.But these are changing times: still reeling this month from the credit crunch, six City banks told IT contractors to choose between pay cuts of up to 11% or immediate termination. In a separate but high-profile aside that followed, a bullish shadow home secretary, David Davis, demonstrated it was right to stand by your principles at work by taking the rare decision to quit as an MP. Despite one IT contractor sounding like the Tory MP by going on the offensive, saying the decision of his client, RBS, to cut his pay was “appalling,” he declined a speedy exit from the bank. “I disagree entirely with the contractor...who states that RBS’s approach is ‘truly appalling’,” blasted Steve Pragnell, a practicing IT consultant with 15 years' IT contracting under his belt.“The fact is RBS exists to make money, times are hard and the inevitable cost cutting is taking place. If such an attitude is detected on-site, it is entirely feasible that the contractor will not be offered back”.Rather than quitting when the IT jobs market is “truly awful,” he said contractors should use pay cuts as a chip to bargain for recompense for future cuts or better terms and work.“Contractors have to accept that rate is our primary weapon in the bad times,” said Mr Pragnell, who is the managing director of PM3, an IT project manager supplier.“Domain experience is extremely important, qualifications add a little weight but ultimately the first criterion clients are judging CVs by right now, is rate. “This is a simple case of supply and demand. The successful contractors that retain work throughout this downturn will be those that are flexible and willing to accept that even a 25% rate reduction is preferable to sitting at home waiting for the phone to ring.” But other areas of their work, other than the headline rate, which pre-credit crunch surveys have shown is a lesser priority, are causing contractors to consider their positions.“The most common reason for quitting a contract is probably late payment,” said John Kell, a policy officer at the Professional Contractors Group.“The key message is not to let a late payment slide - when that becomes a matter for walking out is, however, down to the individual contractor.”The problem of delayed payment is now so prolific that the PCG has issued fresh guidance on what to do if an agency or client is late paying or has become insolvent .Besides pay, concerns about unfair or restrictive clauses and worries about the MSC and IR35 tax laws are factors that typically motivate contractors to refuse a contract.“[But] I've never heard any great concern expressed by contractors about those [a client’s global development and corporate ethics],” Mr Kell added.“As for when contractors should consider quitting, that's a commercial consideration and really depends on personal circumstances.”Personal circumstances were the most important criterion for William Knight, a monthly columnist for CUK, who was forced to consider pulling out of his former job as a contract software developer.“In 18 years as an IT contractor I never had cause to quit a contract mid-term. That's not to say there weren't times when I considered it,” he said.“In one contract [I had] ‘a perfect storm’ of personal tragedy - my seven-year-old nephew died and then my father followed soon after- and stressful working conditions-… led me to consider leaving. Yet I still stuck it out, and eventually conditions improved.”If a situation is becoming too stressful, sooner rather than later the contractor needs to decide to quit or stay; though making the right choice is not easy, said Derrick Cameron, the managing director of IT-business consultancy Eximium Ltd .“When I worked as a freelance IT consultant, I was less inclined to walk away from a project just because I didn't like it.“I always felt that reputation was everything, and didn't want to burn any bridges, upset my customer or create the wrong impression amongst colleagues,” he said. “Of course, the crux of the matter is that if you don't truly believe in what you’re doing, you may actually be sacrificing quality of service and creating a poor impression.” For most IT contractors, Cameron said their quandary is whether to fulfil their contract and “go along with things as they are”, or listen to their instincts, speak out and potentially vote with their feet.“The act of resigning itself can be a positive move, acting as a proactive force and a catalyst for change,” he said. “It may even force a change of direction from management. On the other hand, are you simply taking the easy way out rather than making the effort to effect change from within?”Having weighed up the pros and cons of quitting, Cameron believes all IT contractors should pose themselves five key questions before deciding either way.
1. Does the situation compromise either your core values or your belief system?
2. How bad is it really going to be if you just put up with what's going on?
3. If you walk away, what are the implications for colleagues and the project itself?
4. Does being involved in the project cause you more grief than leaving it?
5. Is resigning defensible – and can you justify it to future customers or employers as doing the right thing?
But as Mr Davis is finding out, particularly from some of his critics, ‘doing the right thing’ isn’t always easy, not least because it normally involves personal and professional sacrifices.“However, the ability to feel pride and satisfaction in what you do is an important part of any job – whatever role you may have,” Mr Cameron countered.“For me, the message is clear: if you aim to stay true to your professional and personal principles, sometimes you have to take the more difficult path - and challenge the status quo.”But sometimes, like when the jobs market is not afloat with opportunities, it may be just as advisable to sit out the fight and see out the contract.“The joy of IT contracting is that bad contracts come to an end, usually after just three or six months, and you are free to leave without terminating the contract or soiling your reputation,” said Mr Knight.“I would recommend not signing up to more than three months at a time if the client is questionable, and your conduct as a professional should mean the trivial personal and political worries that plague ‘permie’ jobs do not unduly affect your mental health. Always remember your contract has an end date. You are not permanent!”
Article from Contractor UK.
1. Does the situation compromise either your core values or your belief system?
2. How bad is it really going to be if you just put up with what's going on?
3. If you walk away, what are the implications for colleagues and the project itself?
4. Does being involved in the project cause you more grief than leaving it?
5. Is resigning defensible – and can you justify it to future customers or employers as doing the right thing?
But as Mr Davis is finding out, particularly from some of his critics, ‘doing the right thing’ isn’t always easy, not least because it normally involves personal and professional sacrifices.“However, the ability to feel pride and satisfaction in what you do is an important part of any job – whatever role you may have,” Mr Cameron countered.“For me, the message is clear: if you aim to stay true to your professional and personal principles, sometimes you have to take the more difficult path - and challenge the status quo.”But sometimes, like when the jobs market is not afloat with opportunities, it may be just as advisable to sit out the fight and see out the contract.“The joy of IT contracting is that bad contracts come to an end, usually after just three or six months, and you are free to leave without terminating the contract or soiling your reputation,” said Mr Knight.“I would recommend not signing up to more than three months at a time if the client is questionable, and your conduct as a professional should mean the trivial personal and political worries that plague ‘permie’ jobs do not unduly affect your mental health. Always remember your contract has an end date. You are not permanent!”
Article from Contractor UK.
Council staff vote to strike over pay
Council workers are to mount the most serious challenge to the government’s pleas for pay restraint after voting on Monday to stage a series of summer strikes.
The decision by local government workers in England and Wales to back the call for action comes less than a week after Alistair Darling, the chancellor, appealed to workers to curb demands to help combat rising inflation.
More than 600,000 members of Unison, the largest public sector union, were balloted after rejecting a 2.45 per cent pay offer. The union is demanding rises of 6 per cent or 50p an hour, whichever is greater.
Its members include care workers, housing benefit officers, teaching assistants, dinner ladies, cooks, cleaners and refuse collectors. Local government employers warned that “some of the most vulnerable people in society” would suffer if the council workers went on strike.
Unison said that members had voted by 55 per cent to 45 per cent in favour of “sustained industrial action” on a 27 per cent turn-out. Brian Baldwin, chair of the employers’ negotiating body, said this meant that only 13 per cent of the membership had voted in favour of striking.
He warned that councils would “be forced into making unpalatable choices between cutting frontline services and laying off staff” if they approved a bigger increase.
The union’s negotiating team will decide today what action to recommend to its national strike committee, which meets on Friday. The most likely outcome, say officials, is a series of short strikes starting with a two-day stoppage next month.
Dave Prentis, Unison general secretary, said: “This is a . . . clear message to the local government employers that our members are willing to fight for a decent pay rise. They are fed up and angry that they are expected to accept pay cut after pay cut, while bread and butter prices go through the roof.
“Most of them are low-paid workers, who are hit hardest by food and fuel price hikes, and they see the unfairness of boardroom bonanzas and big City bonuses.”
Civil servants and teachers have already staged a series of one and two-day strikes this year over the government’s insistence that public sector pay rises must be kept in line with its 2 per cent inflation target as measured by the consumer price index.
David Cameron, the Conservative leader, sought to add to Labour’s discomfort yesterday by claiming that the cash-strapped party was reliant on union funds and would find it difficult to take a tough line against council and other public sector workers. “I certainly hope there won’t be a series of strikes. Strikes very rarely achieve their goals . . . the Government is going to have to be extremely tough about this . . . to make sure we don’t have a wave of public strikes,” Mr Cameron said at his monthly press conference.
A Downing Street spokesman said Gordon Brown, the prime minister, was “disappointed’’ Unison had decided “to take this action” but insisted the pay negotiations were “really something for local government and the trade unions”.
Article from the Financial Times website.
New guidance from IT Governance Institute offers holistic approach to information security governance
To help information security professionals who are facing growing pressure to cut costs, reduce IT-related risks, and comply with new and existing laws and regulations, the IT Governance Institute (ITGI) has released new guidance featuring a holistic approach to information security governance.
Developed and reviewed by a team of international information security experts, Information Security Governance: Guidance for Information Security Managers outlines key security tasks for the following areas: 1. Strategic alignment—Cost-effectiveness of the security program, tied to how well the organization’s objectives are supported 2. Risk management—The ultimate objective of all information security activities and organizational assurance efforts3. Value delivery—A function of the strategic alignment of security strategy and business objectives4. Performance measurement—Measuring, monitoring and reporting on information security processes5. Resource management —Processes to plan, allocate and control information security resources, including people, processes and technologies for improving the efficiency and effectiveness of business solutions6. Process assurance—Integration of disparate assurance functions to ensure that processes operate as intended from end to end, minimizing hidden risksFor each key task, the publication provides indicators that the tasks are being performed correctly. It also includes actions that boards and executive management can take to ensure effective governance over information security. “As with any other business-critical activity, information security program activities must be thoroughly planned, effectively executed and constantly monitored at the highest levels of the organization,” said Krag Brotby, CISM, member of the ISACA CISM Test Enhancement Committee and author of the ITGI publication. “Failure to do so can cause significant financial losses or reputational damage—as many companies have learned the hard way. Information security is truly one of those areas in which preparation is infinitely more valuable than remediation.”Information Security Governance: Guidance for Information Security Managers is available from the ISACA Bookstore at www.isaca.org/bookstore. It is a companion publication to Information Security Governance: Guidance for Boards of Directors and Executive Management, 2nd Edition. The IT Governance Institute is a nonprofit, independent research entity that provides guidance for the global business community on issues related to the governance of IT assets. ITGI was established by the nonprofit membership association ISACA in 1998 to help ensure that IT delivers value and its risks are mitigated through alignment with enterprise objectives, IT resources are properly managed, and IT performance is measured. ITGI developed Control Objectives for Information and related Technology (COBIT) and Val IT, and offers original research and case studies to help enterprise leaders and boards of directors fulfill their IT governance responsibilities and help IT professionals deliver value-adding services.
Article from Public Sector Technology Net
Developed and reviewed by a team of international information security experts, Information Security Governance: Guidance for Information Security Managers outlines key security tasks for the following areas: 1. Strategic alignment—Cost-effectiveness of the security program, tied to how well the organization’s objectives are supported 2. Risk management—The ultimate objective of all information security activities and organizational assurance efforts3. Value delivery—A function of the strategic alignment of security strategy and business objectives4. Performance measurement—Measuring, monitoring and reporting on information security processes5. Resource management —Processes to plan, allocate and control information security resources, including people, processes and technologies for improving the efficiency and effectiveness of business solutions6. Process assurance—Integration of disparate assurance functions to ensure that processes operate as intended from end to end, minimizing hidden risksFor each key task, the publication provides indicators that the tasks are being performed correctly. It also includes actions that boards and executive management can take to ensure effective governance over information security. “As with any other business-critical activity, information security program activities must be thoroughly planned, effectively executed and constantly monitored at the highest levels of the organization,” said Krag Brotby, CISM, member of the ISACA CISM Test Enhancement Committee and author of the ITGI publication. “Failure to do so can cause significant financial losses or reputational damage—as many companies have learned the hard way. Information security is truly one of those areas in which preparation is infinitely more valuable than remediation.”Information Security Governance: Guidance for Information Security Managers is available from the ISACA Bookstore at www.isaca.org/bookstore. It is a companion publication to Information Security Governance: Guidance for Boards of Directors and Executive Management, 2nd Edition. The IT Governance Institute is a nonprofit, independent research entity that provides guidance for the global business community on issues related to the governance of IT assets. ITGI was established by the nonprofit membership association ISACA in 1998 to help ensure that IT delivers value and its risks are mitigated through alignment with enterprise objectives, IT resources are properly managed, and IT performance is measured. ITGI developed Control Objectives for Information and related Technology (COBIT) and Val IT, and offers original research and case studies to help enterprise leaders and boards of directors fulfill their IT governance responsibilities and help IT professionals deliver value-adding services.
Article from Public Sector Technology Net
System Support Engineer - Current Vacancy
Do you have 6 months + experience with Novell Linux & Opensource? Apple Mac experience would be a bonus.
Our client requires a Systems Administrator to assist with the maintenance and support of IT Hardware and Software in their friendly organisation. The role will be particularly focused on open source applications and Web systems but the successful applicant will also be required to provide general ad hoc IT support when required. This is a good opportunity to secure a part time (3 days per week, flexible hours) varied IT position in a supportive and friendly working environment. Please do forward a technically detailed CV ASAP to be considered.
G & G Recruitment are working as an employment agency.
Our client requires a Systems Administrator to assist with the maintenance and support of IT Hardware and Software in their friendly organisation. The role will be particularly focused on open source applications and Web systems but the successful applicant will also be required to provide general ad hoc IT support when required. This is a good opportunity to secure a part time (3 days per week, flexible hours) varied IT position in a supportive and friendly working environment. Please do forward a technically detailed CV ASAP to be considered.
G & G Recruitment are working as an employment agency.
Friday, June 6, 2008
How to ask for a pay rise ... and get it
WITH pay review season on the horizon, and the cost of living skyrocketing, it's the time of year when workers are thinking about how to boost their bottom line.
Show me the money
Career coach Jane Lowder, founder and senior coach of Max Coaching, said employees should prepare themselves thoroughly before pitching for a pay rise by researching what the market rates are for your position, and proving your value to the company. One of the worst examples Ms Lowder had heard was of an employee barging into their manager's office and proclaiming: "I've been here for a long time, I deserve a pay rise". "And the manager's response was: 'What have you contributed?’" Ms Lowder said. "It's not just based on longevity; it's not just about turning up every day." She said preparation is crucial to getting what you're after. "It really revolves around proving your contribution to the organisation," she said. "Obviously the best way is to consider how you might add monetary value or impact the bottom line." With a widely acknowledged skills shortage, keeping your employees happy is crucial for bosses. A third of more than 11,000 respondents in the CareerOne survey said they would quit their job if they didn't get the pay rise they wanted. Keep your emotions out of it Breaking down into tears and making an overly emotional plea for cash won't help your chances, Ms Lowder says. "Keep it as a business discussion or transaction. Getting emotional doesn't always carry over that well," she said. Being demanding, or threatening to quit if you don't get what you want won't win you any brownie points either. "Holding the organisation to ransom is not a good idea," she said. "If you do decide to leave, then there's a reputation that follows you...one of being very demanding." Keeping an open mind and conducting a two-way conversation rather than a demand will also boost your chances, Ms Lowder says. Discussing what else you can do to contribute to the company will also help, but make sure you time the talk appropriately. If your manager's under the pump or trying to meet a deadline, make sure you have arrange a suitable time to for a detailed chat. "If the organisation's just posted results that weren't as favourable as they'd hoped, or if they haven't met targets, (it's) probably not the best time to be talking pay rises," Ms Lowder said, adding there are plenty of other ways for bosses can keep workers happy besides a pay rise. "Research shows that it's not just money that will keep people in an organisation. "There's an awful lot more incentives they can offer for retention." These include gym memberships, subsidising private health insurance, or offering flexible working hours and the option to work from home. Check out the competition Being realistic in your expectations is important, she says. By researching the market and seeing what the market rates are for your role using a salary survey, you are more likely to be clear on what to expect. "You need to suss out the market and be aware of how many opportunities there are out there for you as alternatives. "Again it comes down to 'do you have a niche skill and is it in high demand?' And if so, that impacts on your ability to ask for more."
Pay review checklist
• Prove your value
• Use evidence to boost your case
• Don't hold the company to ransom
• Keep emotions out of it
• Keep an open mind
• Timing is important
• Research the market
*Article from http://www.news.com.au
If you have any questions regarding this article or your pay, please do give G & G Recruitment a call.
Show me the money
Career coach Jane Lowder, founder and senior coach of Max Coaching, said employees should prepare themselves thoroughly before pitching for a pay rise by researching what the market rates are for your position, and proving your value to the company. One of the worst examples Ms Lowder had heard was of an employee barging into their manager's office and proclaiming: "I've been here for a long time, I deserve a pay rise". "And the manager's response was: 'What have you contributed?’" Ms Lowder said. "It's not just based on longevity; it's not just about turning up every day." She said preparation is crucial to getting what you're after. "It really revolves around proving your contribution to the organisation," she said. "Obviously the best way is to consider how you might add monetary value or impact the bottom line." With a widely acknowledged skills shortage, keeping your employees happy is crucial for bosses. A third of more than 11,000 respondents in the CareerOne survey said they would quit their job if they didn't get the pay rise they wanted. Keep your emotions out of it Breaking down into tears and making an overly emotional plea for cash won't help your chances, Ms Lowder says. "Keep it as a business discussion or transaction. Getting emotional doesn't always carry over that well," she said. Being demanding, or threatening to quit if you don't get what you want won't win you any brownie points either. "Holding the organisation to ransom is not a good idea," she said. "If you do decide to leave, then there's a reputation that follows you...one of being very demanding." Keeping an open mind and conducting a two-way conversation rather than a demand will also boost your chances, Ms Lowder says. Discussing what else you can do to contribute to the company will also help, but make sure you time the talk appropriately. If your manager's under the pump or trying to meet a deadline, make sure you have arrange a suitable time to for a detailed chat. "If the organisation's just posted results that weren't as favourable as they'd hoped, or if they haven't met targets, (it's) probably not the best time to be talking pay rises," Ms Lowder said, adding there are plenty of other ways for bosses can keep workers happy besides a pay rise. "Research shows that it's not just money that will keep people in an organisation. "There's an awful lot more incentives they can offer for retention." These include gym memberships, subsidising private health insurance, or offering flexible working hours and the option to work from home. Check out the competition Being realistic in your expectations is important, she says. By researching the market and seeing what the market rates are for your role using a salary survey, you are more likely to be clear on what to expect. "You need to suss out the market and be aware of how many opportunities there are out there for you as alternatives. "Again it comes down to 'do you have a niche skill and is it in high demand?' And if so, that impacts on your ability to ask for more."
Pay review checklist
• Prove your value
• Use evidence to boost your case
• Don't hold the company to ransom
• Keep emotions out of it
• Keep an open mind
• Timing is important
• Research the market
*Article from http://www.news.com.au
If you have any questions regarding this article or your pay, please do give G & G Recruitment a call.
Wednesday, June 4, 2008
Information Systems Manager - Current Vacancy
Information Systems Manager or Information Analyst ready to take the step up with Access & Excel skills is urgently required.
You will be able to interrogate and interpret data and produce meaningful information, write reports, perform statistical analysis and have experience of providing insight drawn from data sets and managing complex data scenarios.
This is an excellent opportunity to gain some excellent experience within a friendly organisation. The role is moving fast, so please do send through a detailed CV asap.
G & G Recruitment are working as an Employment Agency.
Tuesday, June 3, 2008
Information Manager - Current Vacancy
Information Manager experienced in collating and manipulating data using MS Access, Excel and SQL queries to produce ad hoc and routine management reports is urgently required. You will be responsible for devising processes and routines for staff to follow to ensure data integrity and efficient working, the production of management information reports, ensuring that the databases are reconciled and interfaces/XML file transfers occur regularly to ensure data integrity, develop and run regular reports to ensure that invoices and accounts are processed and validated. You will also be responsible for using benchmarking information, providing cost and performance information for the department and making recommendations to improve cost control or performance and preparing a range of validated key performance indicators (KPI) as requested by Senior Management teams on a regular and ad-hoc basis. This is an excellent permanent position working for a friendly organisation. The initial location will be Staines, however, the role will be located in Ealing in the long term. If you are interested, please do send through detailed CV asap. G & G Recruitment is working as an Employment Agency.
Citrix Support Engineer - Current Vacancy
Citrix Support Engineer skilled with VMWare, Terminal Services, Symantec, Backup Exec, Anti-Virus solutions and in supporting bespoke applications is urgently required for a 6 month fixed term contract.
You will be focussed on problem management and have experience of investigating problems and coming up with workable solutions. This role will require experience of providing 1st to 3rd line support.
To apply for this excellent opportunity, please do send through a technically detailed CV asap. G & G Recruitment is working as an Employment Agency.
You will be focussed on problem management and have experience of investigating problems and coming up with workable solutions. This role will require experience of providing 1st to 3rd line support.
To apply for this excellent opportunity, please do send through a technically detailed CV asap. G & G Recruitment is working as an Employment Agency.
Take home pay - Limited company or Umbrella company
* - Article from sjdaccountancy.com
We all want to earn as much as we can. Unfortunately G & G Recruitment do not specialise in Limited and Umbrella Companys but, we hope this article from SJD Accountancy can help candidates choose how they work.
The real story.
There is one question we get asked every day, not nearly every day or most days but actually every single day. “How much better off will I be using a limited company over an Umbrella company”
The main savings with a Limited Company over an umbrella are around National Insurance and the flat rate VAT scheme.
With an umbrella company you will pay both employees and employers NI. Employers NI is 12.8% of your salary, and employees NI 11% for the first £770 a week, and 1% thereafter (both after tax free personal allowances).
On a typical contract of say £350 per day you will pay around £300 a week in NI through an umbrella company whereas with your own Limited Company you will pay just £30, so the NI savings alone come to about £12,000 a year assuming a 45 week working year.
If you are a contractor on £200 per day you'll save £9,000 or if on £600 a day save £20,000.
The flat rate scheme is an incentive provided by the government to help simplify taxes and means you charge VAT on your invoices at 17.5% but only pay back the Revenue in your first year 12% of the gross amount and 13% in subsequent years.
This provides the following additional income (based on a 45 week working year):£200 per day contract - £1,530 extra per year£350 per day contract - £3,670 extra per year£600 per day contract - £4,590 extra per year
On top of NI and VAT you'll also earn interest in your savings (savings put aside to pay for your taxes) plus have access to a broader scope of expenses than using an umbrella company.
One way of looking at it is, if you have two contractors both on the same £600 per day. One contractor ‘A’ uses an Umbrella company and another ‘B’ trades through his own limited company the difference after the affect of NI and flat rate VAT scheme are as follow:
A - (umbrella) real value of contract after NI - £115,000B - (Ltd Co) real value of contract after NI and Flat rate VAT - £138,000
An extra £23,000 on the contract value, that’s like billing your clients an 38 days per year.
The above does assume the contractors are outside IR35, if inside you can still claim: travelling and accommodation expenses, 5% of your turnover, benefit from the VAT flat rate scheme and receive interest on the funds held within your own company.
Basically, income tax or corporation tax and personal taxes via an umbrella company or through your own limited company are roughly the same. There are of course more opportunities for tax planning through a Ltd Co but that’s something you can discuss in greater detail with an accountant.
If you would like to know more about working through your own limited company click here, download one of our many FREE to guides, speak to a one of SJD's Client Liaison Managers on 0500 152 500 (01442 232 700) or email mailto:michelle.turbutt@sjdaccountancy.com.
Other useful pages, guides and case studies include:
Take home pay calculator - How much could you be taking homeFirst time Contracting or Freelancing? - A summary of the alternatives along with pros and consStep-by-step Guide to Contracting - Download a FREE copy of our guideLimited or Umbrella? Can't decide? - We help you decide which is bestTake home pay case studies - Examples of contractors using a ltd co. & umbrella co.Umbrella company guide - Everything you ever wanted to know about umbrella company servicesIR35 Guide - A great plain English guide to IR35
SJD Accountancy is the UK's largest specialist provider of fixed fee, limited company accountancy services to contractors and freelancers.
We have been acting for contractors across the UK since 1992, have more than 8,500 clients; are the only national specialist firm of accountants with offices in all major cities; are the most recommended accountancy firm on the internet and have more qualified staff than any other specialist firm with qualifications from the following major tax and accountancy bodies - ATII, ATT, ACCA, CA, ACA, FCCA, ACMA.
SJD Accountancy offers a complete package including: completion of accounts, payroll bureau, dividends, corporation tax computations, personal taxation, free bookkeeping software, unlimited access to your accountant and all company returns for a fixed monthly fee of only £95 plus VAT.
We've have also won every relevant award possible, including: the 'Accountancy Age Award for Excellence' twice, once in 2004 and again in 2007, contractor UK’s 'Best Contractor Accountant', Sunday Times 'Best company to work for'; are a Quality Accountant as recommended by the Professional Contractors Group (PCG) and are recommended by the Sunday Times.
We all want to earn as much as we can. Unfortunately G & G Recruitment do not specialise in Limited and Umbrella Companys but, we hope this article from SJD Accountancy can help candidates choose how they work.
The real story.
There is one question we get asked every day, not nearly every day or most days but actually every single day. “How much better off will I be using a limited company over an Umbrella company”
The main savings with a Limited Company over an umbrella are around National Insurance and the flat rate VAT scheme.
With an umbrella company you will pay both employees and employers NI. Employers NI is 12.8% of your salary, and employees NI 11% for the first £770 a week, and 1% thereafter (both after tax free personal allowances).
On a typical contract of say £350 per day you will pay around £300 a week in NI through an umbrella company whereas with your own Limited Company you will pay just £30, so the NI savings alone come to about £12,000 a year assuming a 45 week working year.
If you are a contractor on £200 per day you'll save £9,000 or if on £600 a day save £20,000.
The flat rate scheme is an incentive provided by the government to help simplify taxes and means you charge VAT on your invoices at 17.5% but only pay back the Revenue in your first year 12% of the gross amount and 13% in subsequent years.
This provides the following additional income (based on a 45 week working year):£200 per day contract - £1,530 extra per year£350 per day contract - £3,670 extra per year£600 per day contract - £4,590 extra per year
On top of NI and VAT you'll also earn interest in your savings (savings put aside to pay for your taxes) plus have access to a broader scope of expenses than using an umbrella company.
One way of looking at it is, if you have two contractors both on the same £600 per day. One contractor ‘A’ uses an Umbrella company and another ‘B’ trades through his own limited company the difference after the affect of NI and flat rate VAT scheme are as follow:
A - (umbrella) real value of contract after NI - £115,000B - (Ltd Co) real value of contract after NI and Flat rate VAT - £138,000
An extra £23,000 on the contract value, that’s like billing your clients an 38 days per year.
The above does assume the contractors are outside IR35, if inside you can still claim: travelling and accommodation expenses, 5% of your turnover, benefit from the VAT flat rate scheme and receive interest on the funds held within your own company.
Basically, income tax or corporation tax and personal taxes via an umbrella company or through your own limited company are roughly the same. There are of course more opportunities for tax planning through a Ltd Co but that’s something you can discuss in greater detail with an accountant.
If you would like to know more about working through your own limited company click here, download one of our many FREE to guides, speak to a one of SJD's Client Liaison Managers on 0500 152 500 (01442 232 700) or email mailto:michelle.turbutt@sjdaccountancy.com.
Other useful pages, guides and case studies include:
Take home pay calculator - How much could you be taking homeFirst time Contracting or Freelancing? - A summary of the alternatives along with pros and consStep-by-step Guide to Contracting - Download a FREE copy of our guideLimited or Umbrella? Can't decide? - We help you decide which is bestTake home pay case studies - Examples of contractors using a ltd co. & umbrella co.Umbrella company guide - Everything you ever wanted to know about umbrella company servicesIR35 Guide - A great plain English guide to IR35
SJD Accountancy is the UK's largest specialist provider of fixed fee, limited company accountancy services to contractors and freelancers.
We have been acting for contractors across the UK since 1992, have more than 8,500 clients; are the only national specialist firm of accountants with offices in all major cities; are the most recommended accountancy firm on the internet and have more qualified staff than any other specialist firm with qualifications from the following major tax and accountancy bodies - ATII, ATT, ACCA, CA, ACA, FCCA, ACMA.
SJD Accountancy offers a complete package including: completion of accounts, payroll bureau, dividends, corporation tax computations, personal taxation, free bookkeeping software, unlimited access to your accountant and all company returns for a fixed monthly fee of only £95 plus VAT.
We've have also won every relevant award possible, including: the 'Accountancy Age Award for Excellence' twice, once in 2004 and again in 2007, contractor UK’s 'Best Contractor Accountant', Sunday Times 'Best company to work for'; are a Quality Accountant as recommended by the Professional Contractors Group (PCG) and are recommended by the Sunday Times.
Monday, June 2, 2008
IT Support Project Officer - Current Vacancy
Our client is seeking an IT Support/Project Officer skilled with Windows 2003, Exchange 2003, SQL Server 2000/2005 and Active Directory administration to work on a varied role.
You will be providing 1st to 3rd line infrastructure support and working on IT Projects in a varied role. You would be required to be able to work on your own initiative to handle project work as well as taking any initial call from fault diagnosis through to resolution. You would have support and guidance provided by the IT Manager, but you must show the technical competence and confidence to be able to solve issues on your own.
Project work could vary from taking 1 week to 3 months to complete and would require good organisation, communication, time keeping and technical skills. The type of projects you could be involved in are PC roll outs, software roll outs, Intranet redevelopment or IT security upgrades.
Due to the level of involvement with the organisation s IT Infrastructure there will also be the opportunity to provide input and ideas for the organisation s IT Strategy.
Due to the nature of the role you would have to undertake some travel to different sites and be available on flexible hours through out the week.
This is an excellent opportunity to expand your skill set, gain solid project work experience and work within a friendly medium sized organisation.
Please do send through a technically detailed CV ASAP to register your interest.
G & G Recruitment is working as an Employment Agency.
You will be providing 1st to 3rd line infrastructure support and working on IT Projects in a varied role. You would be required to be able to work on your own initiative to handle project work as well as taking any initial call from fault diagnosis through to resolution. You would have support and guidance provided by the IT Manager, but you must show the technical competence and confidence to be able to solve issues on your own.
Project work could vary from taking 1 week to 3 months to complete and would require good organisation, communication, time keeping and technical skills. The type of projects you could be involved in are PC roll outs, software roll outs, Intranet redevelopment or IT security upgrades.
Due to the level of involvement with the organisation s IT Infrastructure there will also be the opportunity to provide input and ideas for the organisation s IT Strategy.
Due to the nature of the role you would have to undertake some travel to different sites and be available on flexible hours through out the week.
This is an excellent opportunity to expand your skill set, gain solid project work experience and work within a friendly medium sized organisation.
Please do send through a technically detailed CV ASAP to register your interest.
G & G Recruitment is working as an Employment Agency.
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