Contractor Solutions

fenero

As specialised tax experts and money advisors to contractors and freelancers we have a range of solutions to suit every need.


Many contractors find the process of getting their tax and payment in order stressful, confusing and time-consuming. We offer a range of Umbrella Company or Private Limited Company solutions designed to maximise tax efficiencies and net take home pay and to minimise paperwork headaches.

Under our Umbrella Options you become a PAYE employee of the umbrella company for taxation purposes. You will also become either an Employee or a Director and Shareholder of the company.

How it works

Step 1

We send an invoice on your behalf to your agency.

send an invoice
client pays to umbrella bank

Step 2

Your agency sends payment to the Umbrella Company bank account.

Step 3

We make onward payment to you on a same-day basis.

your bank
payslip

Step 4

You receive a payslip along with our specialised “Money Tracker” document.

Key Features & Benefits:


Low cost, tax deductible fees

Pay As You Go solution

Claim tax relief for business expenses

Insurance cover for Professional Indemnity, Employers & Public Liability

Guaranteed same day turnaround on payments – or your money back

Wellbeing Programme – free of charge

Free personal financial planning consultation

Choose an option thats suits your needs. Can't decide?

Umbrella Employee

Umbrella Employee

If you wish to retain your Class A PRSI status and if you are on a short-term contract or don't want to set up your own company, this may be the solution for you.

  • Class A PRSI providing full social welfare entitlements
  • Retain PAYE tax credit of €1,650 per year

Enquire Now
View Our Pricing
Umbrella Director

Umbrella Director

If you are on a higher daily rate and either have a short-term contract or simply don't want to set up your own company, this may be the solution for you.

  • Class S PRSI, the self-employed PRSI rate
  • You must complete a personal income tax return for each tax year that you are a Company Director
Enquire Now
View Our Pricing

Setting up your own Private Limited Company may be the best option if you will be contracting for a few years and want maximum control of your finances and wealth planning options.


How it works

Step 1

We set you up with your own limited company.

open sign
user guide

Step 2

We send you our detailed, and jargon free guide to using your new company.

Step 3

On a monthly basis, simply send us your expenses, invoices and bank statements and we do the rest!

invoice

Need Advice? Want a Net Take Home Pay Illustration?

4 great reasons to choose us

Service Level Agreement

Service Level Agreement

Learn More
Close

Service Level Agreement

  • Money Back Guarantees
  • Same Day Payment Processing
  • 24 Hour Turnaround on Invoice Issuing
  • Unlimited Guidance on Expenses
  • Unlimited reference letters for bank/landlords etc
Wellbeing Programme

Wellbeing Programme

Learn More
Close

Wellbeing Programme

  • 24 hour medical helpline
  • 24 hour life management line
  • Telephone counselling
  • Face to face counselling
  • Online wellness portal
  • Available to you & your family
Great Value Fees

Great Value Fees

Learn More
Close

Great Value Fees

  • Competitive Prices
  • Tax Deductible Fees
  • Wellbeing Programme included
Refer A Friend Scheme

Refer A Friend Scheme

Learn More
Close

Refer A Friend Scheme

  • Refer A Friend & Save
  • Receive €50 discount per referral
  • Unlimited number of referrals allowed

BLOG

5 Tips for Paying Yourself Salary from your own Limited Company

How to Avoid Common Mistakes Freelancers make when Paying Yourself Salary from your own Limited Company As a freelancer or contractor you usually have the choice of setting yourself up as either a sole trader or a limited company. There are pros and cons of both options, but this article is to assist people who…Read More

Pros & Cons of Contracting - Fenero

The Pros and Cons of Contracting

7 Benefits & The Challenges of Contracting More money, flexibility and vast opportunities are just some benefits associated with contracting, but it’s not without its downsides either. Before considering a career path in the contracting lane, you should weigh up the impact of these pros and cons on your individual circumstances. Let’s examine the benefits…Read More

Come Home to Work and Contracting!

Thinking of coming home? There’s no better time to make the move. Our economy is experiencing strong growth with a continuously improving job market across multiple sectors. More companies than ever are choosing Ireland as a home for their European headquarters, bringing with them a multitude of employment opportunities in areas from technology to construction….Read More

MORE FROM OUR BLOG