WHAT is PAYE Modernisation? PAYE Modernisation is the new method in which reporting pay, tax and […]
Icon Accounting delivers practical accountancy advice to contractors on how to set up and work under an Umbrella Company or a Personal Limited Company in Ireland. Our services have a successful proven track record in helping professional contractors in IT, Engineering, Finance, Locum, and Pharmaceutical sectors, maximise their take home pay within a tax compliant structure. We specialise in looking after limited company contractors, whether they own their own limited company or require the services of our managed umbrella company solutions.
It’s easy to see why we are the leading provider of specialised accountants for contractors in Ireland, with low cost accountancy fees for contractors, real people on call to help and take away any complication out of your contract. No automated call services, no surprise bills, no hidden charges or taking a percentage of your earnings. Just great benefits, great values and great people who will help you every step of the way while you contract in Ireland.
We understand that each contractor has different challenges and needs, and we will work with you to arrange the very best solution that works for you. Prior to starting the contract, we will provide each contractor with a sample payslip to show the proposed take home based on your daily rate of your contract and offer personal advice on claiming tax relief on business expenses.
If you have traditionally worked as an employee, it’s easy to get confused about contracting, taxes and invoicing. At Icon Accounting, our team will ensure you fully understand the options that are available to you to manage your invoicing and payments while contracting. Our team has helped hundreds of first time contractors set up under an Umbrella company or with their Personal Limited Company, providing complete assistance from start to finish. We will ensure all your invoices are sent to your recruitment agency and payment is made to you on time, every time.
PRSI stands for Pay Related Social Insurance which contributes to the Social Insurance Funds, which in turns assists in payments for Social Welfare benefits and pensions (more…)
As a daily rate contractor, tax relief may be granted on business expenses that are wholly, exclusively and necessarily required for the purposes a contract in accordance with Revenue Guidelines (more…)
So its your first time contracting and you are been told you can claim back expenses. What does this mean? (more…)
So you have always worked as a PAYE worker and used to getting paid each week and regular employment benefits. You now have a daily rate contract and need are going to operate as a limited company contractor (more…)
Understanding the Simple Set Up Process of Umbrella and Limited Companies!