Company or Sole Trader

[MJ102008]

Hi, I am working in IT and have recently started contracting in dublin. I was wondering would it be best to set up as a sole trader or to start a company. I am working on an 8 week contract at the moment with a daily rate of €250 + expenses. Which way would leave me with the most money after tax. Also what is tax deductable and what percentage. E.g if I was to pay €150 a week rent how much of that would be dedyctable based on my earnings. Thanks

 

[Graham_07]

There are quite a number of threads on this issue on AAM in recent months already. If you do a quick search using those terms first then check back again if you have more questions.