Quote:[SIZE=3]I really doubt a day rate of 15-20% above the digger WAGE is a high enough margin to cover all the costs of self-employment?
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I think the margin is in what it costs the client for an employed digger. The truth is that any employer has probably got to have margins at at least twice the diggers wage to afford a digger over the average time.
It seems to me that just on the diggers pre-tax wage self employed would be equal if not better off due to the allowable expenses, carry forwards and that includes the insurance which is a subject in its self. And then if they are better a self could undercut the employed that little bit more…but I would not suggest being slightly better off than a diggers wage as an archaeological career achievement. It might be at twice digger wage….and that margin I think is there to be had
To my mind whats going on is that we have 20% + NI contributions masked by 17.5 % VAT exemptions in a lot of the employed industry verses a employed non exempt units playing with self-employment and other production savings like remote report production.
We just don’t has a critical mass of self employeds and need a way to attract people who can handle it.