Any downside to working for UK company in Ireland

yop

Hi,
I'm working here in Ireland all my life, except for 9 months when I did a contract in NI.
Looking at leaving contracting now as most jobs are based well away from Mayo and I can't be away now with small kids.
I have been looking in the UK for a jobs which will let me remote and I have come across one now.

I can't see any issue with working for a UK company, but maybe I am missing something. Would appreciate if anyone can see a reason why it might not be a good idea.

Many thanks

BoatMad

just confirm how your taxes will be paid and to whom. if you are self employed, you will really need to wrap it up in a company to keep Revenue happy. You may need to VAT register etc.

yop

BoatMad wrote: »

just confirm how your taxes will be paid and to whom. if you are self employed, you will really need to wrap it up in a company to keep Revenue happy. You may need to VAT register etc.

Great thanks for that, its a perm role.

BoatMad

yop wrote: »

Great thanks for that, its a perm role.

Thats not relevant.

Either your UK employer registers for Irish Paye, and deducts and remits your PAYE, ( which few will want to do) or they will remit your gross salary to you and you will have to remit tax as a self employed. This will have implications for your PRSI, USC, and social welfare.

If you are in effect working for the one employer, Revenue will not be happy with you declaring as a self employed. IN that case you will have to wrap yourself in a company and your company wil charge your employer for your services and will will have to register for VAT as you will exceed the services threshold.

All this needs to be understood by your UK employer.

I suggest, if you have never been self-employed or a proprietary director of your own company, that you talk to a good accountant or tax specialist to ensure you understand what you are getting into.

yop

BoatMad wrote: »

Thats not relevant.

Either your UK employer registers for Irish Paye, and deducts and remits your PAYE, ( which few will want to do) or they will remit your gross salary to you and you will have to remit tax as a self employed. This will have implications for your PRSI, USC, and social welfare.

If you are in effect working for the one employer, Revenue will not be happy with you declaring as a self employed. IN that case you will have to wrap yourself in a company and your company wil charge your employer for your services and will will have to register for VAT as you will exceed the services threshold.

All this needs to be understood by your UK employer.

I suggest, if you have never been self-employed or a proprietary director of your own company, that you talk to a good accountant or tax specialist to ensure you understand what you are getting into.

Thanks for that, I'm contracting for 5 years so have worked as both Sole Trader and now under my own company.


Can you not work then as a perm and pay tax in the UK yet live here?

BoatMad

yop wrote: »

Thanks for that, I'm contracting for 5 years so have worked as both Sole Trader and now under my own company.


Can you not work then as a perm and pay tax in the UK yet live here?

No

Ring Revenue and explain it to them. They will give you good advice.

CIARAN_BOYLE

yop wrote: »

Thanks for that, I'm contracting for 5 years so have worked as both Sole Trader and now under my own company.


Can you not work then as a perm and pay tax in the UK yet live here?

If you are Irish resident you are subject to Irish taxes

yop

Ok, thanks for that folks. That makes sense.

I will buzz revenue.

Borzoi

yop wrote: »

I can't see any issue with working for a UK company, but maybe I am missing something. Would appreciate if anyone can see a reason why it might not be a good idea.

I did before, not a great experience. As a small part of the great machine we were the expendable ones when things weren't great. TBH we were always a little out of the loop, even when attending team building stiff in the UK.

I'd a similar experience working for the irish office of a US multinational. After that I swore never again, you need to work next to management

Jawgap

yop wrote: »

Thanks for that, I'm contracting for 5 years so have worked as both Sole Trader and now under my own company.


Can you not work then as a perm and pay tax in the UK yet live here?

As has already been answered, no - you pay tax where you are domiciled.

I'm working for a UK company but I'm living and based here. It's grand and I don't feel at all remote from the decision-making base, but I do spend 2/3 days a fortnight at head office and I quite enjoy the degree of autonomy I'm afforded.

yop

Jawgap wrote: »

As has already been answered, no - you pay tax where you are domiciled.

I'm working for a UK company but I'm living and based here. It's grand and I don't feel at all remote from the decision-making base, but I do spend 2/3 days a fortnight at head office and I quite enjoy the degree of autonomy I'm afforded.

Thanks Guys,
I'm working remote contracts now for 4.5 years so I am used to that side of it. They were always Ireland based companies with either a day or 2 a week onsite on even go there once per month.

This setup is going onsite only once every 3 months.