ACCESS IRELAND

SOLUTIONS FOR IRELAND

UMBRELLA PAYROLL

Retention (for a typical contractor)

  • 55% (±5%) dependent on expenses

Eligibility

  • EU/EEA nationals and those with a right to work in Ireland
  • Suitable for contractors on short - term assignments or new to contracting

Benefits

    • Employed Umbrella Payroll Solution with full employment rights
    • Employer Liability, Public Liability and Professional Indemnity Insurance cover provided by Access Financial
    • Tax relief on expenses - maximise your income
    • Free setup within minutes
    • Full Class A Social Security deductions
    • No hidden costs - one weekly or monthly fee, nothing more to pay
    • Pay for the service only when you need it
    • 24/7 Access to PhoneApp and Contractor Portal
    • Dedicated Account Manager

UMBRELLA DIRECTOR

Retention (for a typical contractor)

  • 72% (±5%)

Eligibility

  • EU/EEA nationals and those with a right to work in Ireland
  • Suitable for all lengths of assignments

Benefits

    • Employer Liability, Public Liability and Professional Indemnity Insurance cover provided by Access Financial
    • Tax relief on expenses - maximise your income
    • Free setup within minutes
    • No waiting for the company registration
    • VAT registration already completed
    • We will register you as a Proprietary Director
    • We take care of all of the paperwork
    • No Employer PRSI to pay on the Director’s salary (unlike the Umbrella (PAYE) solution)
    • No hidden costs - one weekly or monthly fee, nothing more to pay
    • Pay for the service only when you need it
    • 24/7 Access to PhoneApp and Contractor Portal
    • Dedicated account manager

PERSONAL LIMITED COMPANY

Retention (for a typical contractor)

  • 72% (±5%)

Eligibility

  • EU/EEA nationals and those with a right to work in Ireland

Benefits

    • You are the director of your own company with full control
    • Claim business expenses to reduce your tax bill
    • Full control of your cash
    • Free access to specialised accountancy management tools and software online
    • No Employer PRSI to pay on the Director’s salary (unlike the Umbrella (PAYE) solution).
    • Generous tax relief on pension contributions
    • Dedicated account manager
    • 24/7 Access to PhoneApp and Contractor Portal

Retention (for a typical contractor)

  • 55% (±5%)

Eligibility

  • EU/EEA nationals

Features

    • An Access Financial Group company (the Employer) employs the contractor
    • The Employer runs an Irish payroll and deducts the necessary tax and social security costs
    • The employer and employee social costs are part of the contract value

Benefits

    • Easy to implement
    • Eligibility for unemployment benefits
    • Attractive to lenders
    • AF is expert in Irish tax and social security issues

Registrations

    • AF will ensure all required registrations are done in Ireland
    • The contractor must register personally at the local social welfare office (PPS number)

Retention (for a typical contractor)

  • 72% (±5%)

Eligibility

  • EU/EEA nationals
  • Working period in Ireland must be at least 6 months

Features

    • The contractor is registered in Ireland as a director of his company and is treated as self-employed
    • The level of retention depends on the salary level, the tax claimable expenses, the length of stay in Ireland and whether the contractor is married or not
    • Contractors are assisted by Access Tax and Accounting Ltd (ATA), a firm of accountants, expert in Irish tax and social security
    • ATA will ensure compliance with foreign and local tax laws
    • The contractor needs a bank account for his company

Benefits

    • The director of his own PSC pays less social security in Ireland than does an employee
    • Flexibility in choosing own salary and possibility of holding simultaneous contracts
    • The PSC is a standalone solution
    • The PSC can be used in future projects and elsewhere
    • ATA does the accounting and prepares tax returns for the contractor and the PSC

Registrations

    • ATA will ensure all required registrations are done in Ireland
    • The contractor must register personally at the local social welfare office (PPS number)