Contract in Ireland

**sal** · 23 November 2016, 15:50

If you don't already have ltd. - spare yourself the trouble and go with Umbrella. Between the new changes from April 2017 and the taxation in both countries it's just not worth it to go ltd. for that contract

**stek** · 23 November 2016, 16:02

Originally posted by pudding View Post

In short, been offered a 6-12 month contract in Ireland. Can anyone shed any light on whats the best vehicle for this. Reading this forum, it seems I have two options, 1) Setup UK Ltd company and 2) use umbrella company.

I understand I will be liable for tax in the UK and Ireland. Any guys here contracting in Ireland? I have yet to speak to an accountant.

Don't do it, rates in Ireland are shiit, Dublin is more expensive than Copenhagen where I'm contracting at the moment, and probs forever the way the contracting shiitstorm is forming back in the UK...

**SussexSeagull** · 23 November 2016, 16:10

Is it in Dublin? I once got approached about contracting in Cork (it didn't go anywhere in the end) and getting there and back was expensive and a real effort.

**pudding** · 24 November 2016, 14:26

Thanks all. Yes its in Dublin and the rate is tulip and I know Dublin is expensive too. I dont really want to do it however, been on the bench for while .......as saying goes, soemthing better than nothing.

Having done some research and had some private messages here, spoken to a few accountants, umbrella companies, it seems Umbrella is the way to go as tax is paid on day 1 in Ireland. Anyone else got any experience please do pitch in.

**Sue B** · 24 November 2016, 14:45

Hi Pudding, Yes, advice you have had so far is right, regarding taxation this is due in Ireland from Day 1. Tax in Ireland is a little on the high side, with comparable bands/brackets to the UK basic rate, top rate of tax at 41% plus the Universal Social Charge of up to 8%.

The income you earn in Ireland is still declared to HMRC via self assessment and the foreign tax credit applied to offset the tax you have paid against the UK liability arising.

Additionally, you also need to consider social security, as by default this is paid where you work.
If you want to remain in the UK NI scheme then whichever umbrella employs you will need to obtain an A1 Certificate, for exemption from Irish PRSI.

HTH

Sue

**ImaginativeTruth** · 15 January 2017, 00:04

Dublin is scandalously expensive. €3000pcm for a 1 bed apartment is not uncommon and those places available for €1900pcm have a fridge in the living room...

Umbrella is good for short term, but you're going for 12 months? Why not incorporate in the Republic? You will pay 12.5% corp tax (0%) and could even get Irish (local) government grants for 'setting up an employment business'.

In time you can use your Irish company to bill for the UK works and effectively shelter your UK income under the 12.5% (0%) Irish tax regime.

I'm Irish, contracting in UK and know plenty of Irish people doing this totally legitimately and legally as they contract all over the EU.

**SueEllen** · 15 January 2017, 03:44

Originally posted by pudding View Post

Thanks all. Yes its in Dublin and the rate is tulip and I know Dublin is expensive too. I dont really want to do it however, been on the bench for while .......as saying goes, soemthing better than nothing.

Having done some research and had some private messages here, spoken to a few accountants, umbrella companies, it seems Umbrella is the way to go as tax is paid on day 1 in Ireland. Anyone else got any experience please do pitch in.

Only go to lreland if you need the work experience. Other countries in Europe while you also have to declare tax from day one will offer you a better standard of living.

**Crc** · 21 February 2017, 09:05

Hi Imaginative Truth. I'm considering doing what you're suggesting but have not been able to find anyone who has actually done it and therefore unsure about the mechanisms involved to get it moving. (I.e. Incorporate a Limited company in Ireland and do a long term contract in the U.K. )

Can you PM me for a discussion?

Cheers

Colin

QUOTE=ImaginativeTruth;2356931]Dublin is scandalously expensive. €3000pcm for a 1 bed apartment is not uncommon and those places available for €1900pcm have a fridge in the living room...

Umbrella is good for short term, but you're going for 12 months? Why not incorporate in the Republic? You will pay 12.5% corp tax (0%) and could even get Irish (local) government grants for 'setting up an employment business'.

In time you can use your Irish company to bill for the UK works and effectively shelter your UK income under the 12.5% (0%) Irish tax regime.

I'm Irish, contracting in UK and know plenty of Irish people doing this totally legitimately and legally as they contract all over the EU.[/QUOTE]

Contract in Ireland