Umbrella Company Provider

Our umbrella company solution - Director Member

We set you up as a proprietary company director to one of our ready made umbrella companies. As a director you will will pay Class S prsi which ensures that you have no liability to employers PRSI at rates up to 10.75%. We work with you to ensure you are fully tax compliant under revenue guidelines within the Limited Company that we provide for you. We process all your invoicing and tax needs and minimise any administration duties for you so you get your maximum take home pay with minimum hassle. We are here to help you in any way, at all times. If you have any questions or concerns, don't stress, just contact us and we'll advise you. Our fee for this service is €140 per month for clients who are paid monthly or €40 per week for a weekly service

To sign up to use our service:

We need the following from you:
  • You need to fill out our start-up form to provide us with your full contact details and any other details relating to your contract or taxation issues.
  • We'll supply you with a B10 which you need to sign in order to become a director of the limited company that we provide for you.
  • You have to supply us with a P45 from your last/current employer. If you don't have a P45 contact us and we'll ensure you get everything you need to legally operate as a director of our umbrella company.
  • You need to sign a contract with us outlining how we operate as a business and how you can act as a company director within our umbrella company.
How long does this take?

We'll help you with acquiring all of the information needed to join us and once we have everything in place we'll have you set up as a director by the next working day.

What's Next - Invoicing & getting payed:
  • You get your weekly/monthly timesheet signed off by the Line Manager in the company that you are working in.
  • You submit your weekly/monthly timesheet to both your agency and to Icon Accounting by fax, email or post according to the payment schedule layed out by the company/agency in your contract. We have an easy to use online client login system for this.
  • We follow up immediately and issue your agency with an invoice from your Limited Company in respect of your services for the billing period.
  • You need to fill in our expenses spreadsheet and send it to us along with any expense receipts before/on the last day of each month so we can calculate your tax payable and claim for your monthly expenses.
  • As soon as we have received payment from your agency we will process your payment immediately via online banking and you will have your payment that day or the next day.
  • We issue you with a payslip for the billing period in PDF by email.
If you no longer require our services

If you get a permanent position, are out of contract or are re-locating and no longer require our services, we will ensure all your taxes are payed up to the end of your last payment and issue you with a P45. If you have been using our service for more than 4 months of the year, if needed, we will complete your yearly tax return for you when the time comes. We strive to offer everyone an excellent level of service. Whether you are interested in using our service, currently signed up or if you need to move on, our commitment is to make sure you are fully tax compliant and happy with our service before, during and after your time with us.