5 Tips for Paying Yourself Salary from your own Limited Company

Posted Posted in Contractors, Freelancers, Personal Tax & Finance, Tax Tips & Explainers

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

Posted Posted in Contractors, Freelancers

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!

Posted Posted in Contractors, Freelancers, Personal Tax & Finance

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

Don’t have enough money to pay your income tax bill?

Posted Posted in Contractors, Freelancers, Landlords, Personal Tax & Finance, Tax Tips & Explainers

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

Budget 2018 – What does it mean for Individuals?

Posted Leave a commentPosted in Contractors, Freelancers, Personal Tax & Finance, Tax Tips & Explainers

“We cannot hope to remain competitive if someone on a relatively low income and who decides to work a few hours overtime has nearly half that extra money taken in tax.” Paschal Donohoe, Minister for Finance, 10th October 2017     Personal tax rates continue to be a hot topic of discussion in Ireland. We…Read More

How does Budget 2017 impact Individuals?

Posted Posted in Contractors, Freelancers, Landlords, Personal Tax & Finance, Tax Tips & Explainers

“High marginal tax rates act as a brake on employment. They discourage people from taking jobs and discourage emigrants from returning home. As you all know, I have limited resources to change the situation in this Budget but it is important to continue the process I started in Budget 2015”. Michael Noonan, Minister for Finance,…Read More

Claiming Flat Rate Expenses – Extra Tax Relief based on your Occupation!

Posted Posted in Contractors, Freelancers, Personal Tax & Finance, Tax Tips & Explainers

Tax relief on business expenses are not just for the self-employed. If you are a PAYE employee you may be entitled to tax relief based on your occupation by claiming Flat Rate Expenses. Flat rate allowances are a type of tax relief available for expenses incurred in the performance of your duties of employment. Many…Read More