I’ve received three grants from the EA Infrastructure Fund to start and develop Effective Self-Help so I can hopefully offer some useful thoughts here.
I think personal finance questions are difficult as there’s likely significant variation between countries and personal circumstances. For me specifically, I’m listed as an independent contractor on my grant agreements and have full responsibility for filing my taxes in the UK as a self-employed individual. I’ve found the EA Infrastructure Fund to be generous in their salary offers and I think a good part of this is to account for pensions, health insurance, taxes, etc. that you’ll have to cover within that salary. I can’t speak for any of the fund managers but would guess from my interactions that they would be quite happy to pay an extra 10-20% in salary if that was likely to make a difference to the productivity of the grantee and the sustainability of the project.
For long-term career planning, I fit snugly into the bucket of people who took a grant to fast-track skills and knowledge growth while being in an early part of my career. I think working on an independent project provides a host of valuable skills and likely additional exposure that can compensate for the additional psychological stress of lacking long-term employment stability. Certainly that’s easier to say as someone with minimal direct responsibilities outside of my own wellbeing.
If it’s helpful to anyone, happy to chat in more depth about these topics with anyone thinking seriously about working on an EA grant—just shoot me a message!
I’m an EA independent contractor, working remotely, and I will probably soon move to the UK. I’d be happy to receive any advise about taxes.
I have pre-settled status, which means (I think) that I have the same rights and responsibilities as a citizen, except I can’t vote and it’s time limited.
Note: Quick thoughts written whilst on the train.
I’ve received three grants from the EA Infrastructure Fund to start and develop Effective Self-Help so I can hopefully offer some useful thoughts here.
I think personal finance questions are difficult as there’s likely significant variation between countries and personal circumstances. For me specifically, I’m listed as an independent contractor on my grant agreements and have full responsibility for filing my taxes in the UK as a self-employed individual.
I’ve found the EA Infrastructure Fund to be generous in their salary offers and I think a good part of this is to account for pensions, health insurance, taxes, etc. that you’ll have to cover within that salary. I can’t speak for any of the fund managers but would guess from my interactions that they would be quite happy to pay an extra 10-20% in salary if that was likely to make a difference to the productivity of the grantee and the sustainability of the project.
For long-term career planning, I fit snugly into the bucket of people who took a grant to fast-track skills and knowledge growth while being in an early part of my career. I think working on an independent project provides a host of valuable skills and likely additional exposure that can compensate for the additional psychological stress of lacking long-term employment stability. Certainly that’s easier to say as someone with minimal direct responsibilities outside of my own wellbeing.
If it’s helpful to anyone, happy to chat in more depth about these topics with anyone thinking seriously about working on an EA grant—just shoot me a message!
I’m an EA independent contractor, working remotely, and I will probably soon move to the UK. I’d be happy to receive any advise about taxes.
I have pre-settled status, which means (I think) that I have the same rights and responsibilities as a citizen, except I can’t vote and it’s time limited.
Someone gave me this link:
Details of employed and self employed tax | Employed and Self Employed
Is there any other cost I should know about?
How do I file for taxes?