So they need another £37K p.a. to tread water
"The supposed savings of £440,000,000 are coming out of someone's pocket - the contractor's pocket."
£440 meellion divided by 20,000 contractors is £22,000 per contractor.
A back of a beermat calculation says that at 40% tax, they need to increase their annual turnover by £36,667 to stay at the same take home pay level.
Biting the hand that feeds IT
