Are you moving to Ireland or within Ireland to take up a contract role? Did you know that you may be entitled to tax relief on some of the costs associated with your relocation?
Here’s my Top Tips on using tax relief to reduce some of the costs for contractors when relocating!
So, you may have heard lots about PAYE Modernisation but what does it mean for you as a contractor? The good news is not much is really going to change. In essence, PAYE Modernisation is just real time reporting of payroll information to Revenue. With the current system, payroll information is submitted to Revenue at…Read More
As a global trend, the world of contracting is appealing to an increasing number of professional service providers. 2018 has seen additional factors which are encouraging even more people to try contracting in Ireland. The fear of the unknown as a result of ongoing Brexit negotiations is tempting more and more UK contractors to give…Read More
How will individuals be affected by changes in Budget 2019? In what has been billed as an “election” and “spending” budget, the announcements on Budget Day contained few surprises after being heavily leaked to the public in advance. The reality is this Budget, for the most part, is a “steady as she goes” set of…Read More
As a professional service contractor (someone who provides services on an independent basis to businesses), the process of getting your taxes and payments in order can be stressful, confusing and time-consuming. At Fenero, we offer a range of Private Limited Company or Umbrella Company solutions specially designed for contractors to maximise tax efficiency and net take…Read More
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
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
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
A year has gone by quickly and once again the income tax deadline is creeping up on us. If you are experiencing financial difficulties and are worried about being able to pay your income tax bill, here is our advice on what you should do. 1. FILE YOUR TAX RETURN WITH REVENUE ANYWAY This is extremely…Read More
Some of the most frequently asked questions we get from UK contractors who are interested in taking up a contract in Ireland and invoicing through their UK Limited Company are: “What taxes do I pay if contracting in Ireland with a UK Limited Company?” “When am I required to start paying Irish tax?” Most people…Read More