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by werner34 4892 days ago
I've been freelancing in London and always calculate my yearly expected income by multiplying it with 200 to account for holiday, sick leave and general overhead.

£350 * 200 = £70000 before taxes, I think £84000 is overly optimistic here.

1 comments

But 200 days means you're working 40 weeks of the year leaving 12 weeks for everything else. I know some contractors aren't always working but I work next to ten other python developers who are only on six month contracts. Notice periods are anywhere from a day in some places to a month in others. Same as employment really.

Also, which startups here in the UK give you 12 weeks off a year?

It wasn't a startup, but my general consulting setup for several clients. Also, in those 12 weeks christmas, bank holidays and all that stuff were included.

I think I worked more than 200 days in the end, but I like to calculate pessimistic and be positively surprised at the end of the year.