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    Contracting as LTD company and VAT issue

    Hi Mariuszp If they hold a VAT 13B authorisation they are obliged to provide you with a copy, and you must quote the authorisation number on your invoices. Is your client an Irish company? I have encountered this situation a few times with clients, but only when they are invoicing...
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    potential net income as a contractor

    Hi It depends on how you are set up - sole trader, umbrella company or personal limited company - but as a ballpark figure Joe's calculation is accurate, you would earn approx €3.5k per month, As a sole trader or using umbrella company you don't have the option of employing your wife...
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    Working for and getting paid from a UK company, working from home in Ireland

    I don't know what the NZ rules are, but if they are the same as Ireland (which would be my guess) your visa won't permit you to set up a business, either as a company or as a sole trader. Working Holiday visas usually only allow you to be employed by a company, so you may need to use a local...
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    Working for and getting paid from a UK company, working from home in Ireland

    As an employee carrying out your duties in Ireland you should be paying tax under the PAYE system in Ireland. Your UK employer should register with the CRO as a foreign company and then register with Revenue as an employer. They can then operate Irish PAYE on your salary. It's not as...
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    IT Contracting - Is it Worthwhile

    Re: IT Contracting - Is it Worth While There are undoubtedly pros & cons to contracting, to some it is the only way to go whereas others prefer the stability of salaried employment. Looking at it from a purely financial point of view, the daily rate on offer should be about 20-25% higher...
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    Paying travel expenses

    As a sole trader he can deduct valid business expenses from his taxable income, so in the case of your speaker who borrowed someone else's car, if he paid for the fuel he could claim the actual amount incurred (based on receipts) as a deduction against his self-employed income. Mileage and...
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    Taxation Book

    Before you spend money on tax books (which are usually written from a technical point of view and may not assist you) try looking at some of the free downloadable guides from the irish tax institute. They have one specifically for small businesses which should be a good starting point for you...
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    Looking for a UK experienced accountant based in Ireland

    I have dealt with UK accounts & filing for small companies, feel free to contact me to see if I can help. Regards podowd www.prima.ie
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    Employee Expenses

    Flights and Taxis would be considered travel expenses and nothing to do with subsistence. Subsistence payments are in respect of food & accomodation. If the company is paying for accomodation and meals then you can't claim subistence on top of that, it would be one or the other - either they pay...
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    vodafone pre-pay phone bought in UK

    will a UK vodafone pay-as-you-go phone work with a vodafone ireland payg sim card or does it need to be unlocked first?
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    Contracting in my spare time while working full time PAYE

    If your clients have no problem dealing direct with a sole trader (if you are sourcing contracting work through recruitment agencies you may be required to use a limited company/umbrella company) then yes, you can certainly do this in your own name as a sole trader and keep your costs to a...
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    Question on sole trader VAT and expenses

    If you are a sole trader you can't claim mileage/subsistence for working away from your regular base, these only apply to an employer reimbursing an employee. For a sole trader it has to be based on receipted expenses. Regards podowd http://www.prima.ie
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    Government planning PAYE crackdown on contract workers

    Hi Only the interest element of a business loan is an allowable deduction, this would be the case at the moment, even before any changes are introduced. Are you a sole trader or ltd company? If you are a sole trader, and the new rules require you to be a PAYE worker, you would have to service...
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    Government planning PAYE crackdown on contract workers

    There doesn't seem to be any publicly available information at the moment other than the article in the business post. The most likely scenario would be for Revenue to follow the lead of the UK Revenue and model any changes on the IR35 & MSC legislation that currently exists for contractors...
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    IT Contractor Accountant (Dublin)

    I don't know if you're referring to Prima as a "bare bones service company" or a "Larger IT Contracting specific umbrella style company" but for the record can I state that we are neither!!! There are some "bare bones service companies" operating in this country. That doesn't mean that all...
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    Limited Company Director, Eligible for Job Seekers Benefit

    It's based on your previous two year's contributions, the only way to get a definitive answer is to ring your local social welfare office, they'll be able to clarify your entitlements.
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    Ltd Company Registering for VAT, Should I Register for Corporation Tax Also?

    No reason not to register now as it's all done on the same form. No advantage in holding off. www.prima.ie
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    Working in Saudi

    I am assuming that you are from Ireland and up until now have been resident here. If that is the case you are Irish domiciled and ordinarily resident in Ireland. If you left Ireland in August 2009 and will not be returning before August 2011 you are currently non-resident and should notify...
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    On SW for 7 weeks in 2009, due tax back?

    As a PAYE worker any tax refund should have been processed in your December pay, and would have been done automatically if your employer was issued with an up to date tax credits certificate by Revenue. Ask your employer, they will know if this is the case, if you're unsure you can contact...
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    IT Contracting and charging mileage?

    Although it's a short-term contract have you considered using a Limited Company structure? you could use an umbrella company if the length of the contract doesn't justify setting up your own company. If using an umbrella company while contracting they (the umbrella company) would be your...
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