Getting paid from an english company, working in Ireland

OU812

Hopefully someone would be able to advise on this.

Had an interview Wednesday with a UK based company who are looking to start trading in Ireland.

They don't want too much of a spend at the start & have opted to have one employee based here initially, building the business before they start to build any infrastructure.

Because of this, the employee (possibly/hopefully me) will be paid by the UK into an Irish bank account, but will for a year at least, be an employee of the UK company working in Ireland.

So this means any salary is going to be taxed in the UK rather than Ireland.

What does this mean for me (hopefully)?

They have a lower tax rate as far as I know, but will any contributions be going to my pension/social? I assume I wouldn't be paying USC because it doesn't exist there. I'm guessing I'd have to get a UK SSN also?

The other option is to use my limited company to invoice them for "services rendered", which will put me back in the Irish tax network, but would leave me as a class S contributor (pay the taxes & get no benefit). I think I'd also have to charge them VAT on this.

Package is €40k, expenses, bonuses & carlease/phone

chris85

you are Irish resident so will need to pay Irish taxes. Just because you are working for Uk company doesnt mean you can get away from this. Either they need to sort this out or they pay you through your company but you cannot just evade paying the taxes here.

Mrs OBumble

You - and they - need proper tax advice, not just randoms on boards.

AFAIK, if you are living in Ireland you must pay Irish tax. If they have an employee here, they need to operate the tax system here - or perhaps they could employ you via a a recruitment company here.

garhjw

Will you be a full time employee or contractor? If you are going to be an FTE you will need a UK national security number.

I think You will be taxed in the uk as there is a taxation agreement between uk and ireland. But you need to pay them same amount of tax as if you were being taxed in ireland so will probably need to make a further tax return to make up the difference.

But as already stated you need professional advice and check www.revenue.ie

CIARAN_BOYLE

OU812 wrote: »

Hopefully someone would be able to advise on this.

Had an interview Wednesday with a UK based company who are looking to start trading in Ireland.

They don't want too much of a spend at the start & have opted to have one employee based here initially, building the business before they start to build any infrastructure.

Because of this, the employee (possibly/hopefully me) will be paid by the UK into an Irish bank account, but will for a year at least, be an employee of the UK company working in Ireland.

So this means any salary is going to be taxed in the UK rather than Ireland.

What does this mean for me (hopefully)?

They have a lower tax rate as far as I know, but will any contributions be going to my pension/social? I assume I wouldn't be paying USC because it doesn't exist there. I'm guessing I'd have to get a UK SSN also?

The other option is to use my limited company to invoice them for "services rendered", which will put me back in the Irish tax network, but would leave me as a class S contributor (pay the taxes & get no benefit). I think I'd also have to charge them VAT on this.

Package is €40k, expenses, bonuses & carlease/phone

As you are Irish resident you need to pay irish tax. I imagine that your company would be best served by hiring an irish accountancy firm to calculate Irish tax for payroll purposes.

It would probably cost two to three hundred euro a year with just one employee