Here’s another great benefit of contracting! Under Revenue’s rules, all contractors can claim a €500 tax free non-cash bonus each year.
In order to facilitate this, Fenero has partnered with One4All, so that all Fenero Contractors can easily avail of Revenue’s Small Benefit Exemption Scheme.
So, you’ve decided to venture into the world of professional contracting! You are not alone. Professional contracting continues to grow rapidly worldwide, with people entering this avenue of the gig economy from virtually every industry and experience level. In Ireland, IT, engineering and pharmaceutical roles continue to be strong from a contracting perspective however we…Read More
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
As Brexit negotiations rumble on, the UK is currently facing an unprecedented amount of economic uncertainty. However, with the Irish economy experiencing strong growth, booming daily exchange rates and a continuously improving job market across multiple sectors, some UK contractors are being tempted to explore the possibility of contracting over in Ireland. In today’s world, Ireland…Read More
“This Government believes that workers enter the higher rate of income tax at too low a level of income. We cannot hope to remain competitive if someone who is on a relatively low income works overtime and has nearly half that extra money taken in tax.” Paschal Donohoe, Minister for Finance, 9th October 2018
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 home pay while also minimising the pressures…Read More