Does anyone have experience of contracting in Ireland

[RichardCranium]

While you are awaiting a response, have you noticed the links on the right? ---->

Among them is the "Overseas Guides" which includes "IT Contracting in Ireland - Money and Tax" and "IT Contracting in Ireland - Living & Working".

[czar1]

markd - Did anybody get back to you re: contracting in Ireland? I may have a contract in Ireland soon and would like to know about umbrella vs limited and tax implications for contracting in Ireland. Have to see if it works out better in Ireland or if I should stay in the UK so any help would be great!

[markd]

Shall we send them to your HMRC address?

Excellent.

[SupremeSpod]

Could anyone give me some examples of off shore companies that provide this service ? Thanks

Shall we send them to your HMRC address?

[markd]

I worked in Ireland and invoiced from an off-shore company. It depends on the end client. The agent will tell you what their requirments are, you may not have an option. I also worked as a non-resident, so did not pay Irish personal tax.

Could anyone give me some examples of off shore companies that provide this service ? Thanks

[Cyberman]

You don't have to pay tax in Ireland for the first six months. After six months you do.

[jiminajam]

How do you work out paying less tax. The only tax that is less is corporation tax.

Dividends are treated as normal income, and are taxed as such.

Don't understand where the 'pay less tax' in Ireland myth comes from

[alreadypacked]

I have a potential gig in Ireland for the next couple of years.

Does anyone have any experience of doing the same.

What is the most tax efficient method of invoicing the client;

I've got a couple of options;

1. keep the existing UK registered company, and invoice the Irish client from a UK base. Taxes would be remitted back to the UK, and I continue as normal.

2. register a new Irish based company, invoicing the client directly from my new Irish company.

What are the implications of doing this. Does anyone know if the same, minimum wage payment, claim valid expenses, and take remaining profits as dividends, works the same way in Ireland as the UK.

thanks in advance

Jim

I worked in Ireland and invoiced from an off-shore company. It depends on the end client. The agent will tell you what their requirments are, you may not have an option. I also worked as a non-resident, so did not pay Irish personal tax.

[cailin maith]

Indeed - but a quick hint - you pay less tax in Ireland.

Corporation Tax

[Bob Dalek]

Indeed - but a quick hint - you pay less tax in Ireland.

On less money... hmmmm...

[ace00]

We're a bit busy with doom today, could you come back tomorrow?

Indeed - but a quick hint - you pay less tax in Ireland.

[DiscoStu]

We're a bit busy with doom today, could you come back tomorrow?

[jiminajam]

Like who? I don't profess to know the depths of offshore agencies and their inner workings.

[Cyberman]

You could also use an offshore agent to process your invoices.

[jiminajam]

I have a potential gig in Ireland for the next couple of years.

Does anyone have any experience of doing the same.

What is the most tax efficient method of invoicing the client;

I've got a couple of options;

1. keep the existing UK registered company, and invoice the Irish client from a UK base. Taxes would be remitted back to the UK, and I continue as normal.

2. register a new Irish based company, invoicing the client directly from my new Irish company.

What are the implications of doing this. Does anyone know if the same, minimum wage payment, claim valid expenses, and take remaining profits as dividends, works the same way in Ireland as the UK.

thanks in advance

Jim