I am currently in a contract role and paid, via an agent, into my private limited company. IR35 legislation will probably deem that from April 2020, I should be treated as an employee. As part of a consultation process, the company with whom I do the work (not the agent) is proposing to make all contracted workers (who are willing to do so - those unwilling will be shown the door, I reckon) permanent. I have yet to know what their offer (salary wise) will be, and may not yet know for a few weeks yet.
Are there any formulas for comparing earnings as a staff member versus earnings as a limited contractor?
I know various factors such as pension contributions, holiday pay, Employer National Insurance contributions, etc, have to be taken in account.
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