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 Income Tax Credit: Increase from €1,500 […]
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Outsourcing Pro Introduction Covid-19 has impacted our lives, the economy and society. Many businesses have been adversely affected by the pandemic and are currently struggling to maintain and progress their business. Considering the EU forecast that Ireland\’s GDP will contract by 8% in 2020 many companies will face considerable challenges over the next number of
Advantages of setting up a company in Ireland Ireland is a part of the European Union and the European Economic Area (the \”Euro Zone\”) which gives members the opportunity for the exchange of services and items all through the EU, it also allows for other supports for organizations in the zone. In Ireland a limited
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COMPANY NAME– must be unique and clearly distinguishable from all other Irish Registered Companies. The use of certain words such as ‘bank’, ‘insurance’, and ‘group’ require special permission. TYPE OF COMPANY-This would usually be a Limited Company. A limited company limits the liability undertaken by the shareholders of the company. CONSTITUTION– The Constitution allows LTD’s
What do you need to set up a company in Ireland? Read More »
Setting up a company in Ireland In the event that you are an EEA or Swiss resident you can work in Ireland either as an employee or an independently employed individual. In the event that you are an EEA and Swiss nationals, authorization isn\’t needed to set up a business in Ireland and you don’t
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Having personally weathered the 2008 downturn and worked through the dotcom bubble implosion a number of years earlier I thought I might give my personal perspective on where we are at with the current downturn we are facing. What are the important points that I reflect on while we are going through this? Make yourself
An Entrepeneurial mentality that works in a poor economy Read More »
As we all know we\’ve experienced a downturn due to the pandemic. However, this shouldn\’t stop you from considering setting up as a contractor or small business as a Limited company entity. If you or your family are having problems in this most difficult of times and need some free business advice, give us a
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Working from home sounds like a chance for a break but the reality is most people find it harder to motivate themselves to do the work they normally do in the office in their own homes. There are often too many distractions such as household chores that need to be done, family members/housemates trying to
Top Tips for Working From Home Read More »
Contractor Mortgage Process made easy with Accounting Pro Banks in Ireland generally don\’t like to hand out contractor mortgages too easily. They see them as higher risk applicants than regular PAYE permanent workers. Therefore, as a contractor, it is very important that you apply in the most efficient manner possible. You need to be aware
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Contracting is becoming ever more popular in Ireland. More people, particularly in technical roles, are foregoing the security of a permanent role and embracing the excitement and change of pace that taking a contractors role can bring. But why are people moving from a position of relative safety to a position where the future can
The Contractor’s Point of View Read More »