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…
by Jimmy Sheehan, Commercial Director, Contracting PLUS Exactly a year ago I wrote about the ‘Seasons of Contracting’ and at that time we were in the middle of the ‘Contracting Summer’. Since Covid19 arrived, we’ve since passed through Winter and Spring and the Contracting Summer’ is once again just around the corner. Despite Covid19 still…
(Updated 8th September 2020) – Richard Marshall, Associate Director – Tax As the Coronavirus protective measures adapt, workers are concerned about the impact the virus will have not just on their daily lives but on their ability to go to work, earn their living and pay bills. Here is a useful summary of the updated…
By Jimmy Sheehan, Commercial Director, Contracting PLUS While speaking recently at the National Recruitment Federation Annual Conference in Dublin, I was raising some points about Contracting in Ireland. Following that I’ve received a number of queries on how companies can compliantly engage Independent Contractors. IR35 (UK legislation which essentially brings parity to the taxation of…
Typically Contractors operate through a limited company structure. This protects you personally, in the event of something going wrong. As a sole trader, you are the business. So if you do something wrong and your client wants to take a case against you, then everything you own is at risk. However, operating through a Personal…
By Chris O’ Callaghan, Team Manager, Contracting PLUS As you will be aware a number of changes have been made by Revenue in Ireland as part of the PAYE modernisation process. From 1st January 2019, the P60 is abolished in line with PAYE Modernisation. This means employees will no longer receive a P60 at the…
By Jimmy Sheehan, Commercial Director, Contracting PLUS. Professional Contractors typically operate through a limited company structure. This protects you personally, in the event of something going wrong. As a sole trader, you are the business. So if you do something wrong and your client wants to take a case against you, then everything you own…
By Richard Marshall; Associate Director – Tax Capital Gains Tax (commonly referred to as CGT) is a tax payable on the profit you make when disposing of an asset. Let’s say you buy 1,000 shares and when you buy them they’re worth €1 each, so you spend €1,000 on them. A few years later you sell…
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