The Irish Government has announced the Budget 2021, we have listed out the overview of the main changes in taxation area as below: Minimum Wage Rate: Increase from €10.10 to €10.20 per hour. Income tax Standard or higher rate income tax bands: no changes are made. Earned...
How Timesheets can be Streamlined with Technology Being a contractor is a time-consuming vocation. A lot of the time you are taking new assignments every 6 or 12 months and may even need to travel to a new city or country for that assignment. So, anything that makes your...
Do You Need To Hire An Accountant As An Independent Contractor? Opening your new business is an exciting and challenging ordeal. After years of working for others and obtaining real-world experience, you are finally setting out alone. You now have a business of your own and can choose the...
Contractors: Four Easy Ways To Save Money And Reduce Your Taxes Here we give four easy ways to save money and reduce your taxes: Get Private Healthcare – Whether you use an limited company or an Umbrella, you can pay your healthcare bills through the company and reduce your...
Pension Guides A very important consideration to save for your future and also to compliantly pay less tax is to utilize a pension type plan. There are 2 options available based on whether you use a PAYE Umbrella structure OR a Personal Limited company. They are as follows: PAYE...