The Irish Accountancy Awards measure the best elements of Accountancy Practices the length and breadth of the country. Contracting PLUS, a specialist Accountancy and Tax firm for Professional Contractors and solo-self employed business consultants, were shortlisted in four categories for the 2020 Awards; WINNER – Best Use of Technology (which looked at the cloud based…
By Richard Marshall – Associate Director Tax at Contracting PLUS Gift and Inheritances Irish gift or inheritance tax is known as Capital Acquisitions Tax [CAT] and is primarily payable by the person receiving the gift/inheritance. When do I need to pay CAT? CAT is payable if a gift/inheritance is valued over a certain limit and…
by Jennifer Doyle, Solutions Team Manager at Contracting PLUS The year 2020 has brought with it a lot of changes. For many, a significant change is that working from home full time has become the new norm, and it looks like it will remain that way for some time yet. Given this, it’s no real…
This isn’t an instant fix and will take a little bit of legwork on your part but it’s well worth doing as it could mean anywhere from €15,000 to more than €125,000 in free money in your retirement years. The Old Age Pension The State Pension (Contributory) more commonly referred to as the ‘Old Age…
By Jennifer Doyle, Client Solutions Manager at Contracting PLUS Whether you are new to the world of self-employment (which includes being a Contractor), or have been operating through an Umbrella company for a while now, the option of setting up your own Limited Company has likely crossed your mind. Having your own Limited Company can…
Are you sitting in your home office completing another day of work you no longer find rewarding? Are you fed up playing company politics? Have you been made redundant, but know you are sitting on a valuable skill-set? Do you want to be challenged, learn new skills and work for companies that you choose, in…
Warnings that we are about to enter an Autumn/Winter like no other were issued last Friday when new Covid-19 restrictions for Dublin were announced. With them came the threat of further restrictions to come in Dublin and other counties if the rate of positive cases isn’t brought under control. So what can we do for…
By Jennifer Doyle, Solutions Team Manager at Contracting PLUS. We’re seeing green shoots of growth in the market again as companies come to terms with the reality that Covid19 will be with us for the foreseeable future. While companies are cautious, work still needs to be done and projects need to be completed. The last…
As a Professional Contractor, remote working driven by The Covid-19 Pandemic may not have been as much a change in circumstances for you as it was for traditional employees. But what positive changes might you be seeing? Could Covid-19 help you reach your financial goals sooner than you expected? As a result of Covid-19 the…
If there is one benefit of COVID-19, for most it has been the benefit of time. Time to review your current situation and consider what could be done better, where there might be opportunities to become more efficient, how it might be possible to earn more or save more money. Umbrella Companies Professional Contractors using…
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