What is a PAYE Umbrella Company?
A PAYE Umbrella Company is an intermediate company responsible for deducting payroll taxes on behalf of a Contractor.
All payments are processed via the PAYE system with accurate calculations and deductions of tax, PRSI, and USC to ensure you're fully compliant with no hidden tax surprises.
This is an ideal solution for Professional Contractors and freelancers who are contracting on short term projects or those wishing to maintain Class A PRSI Contributions.
-
- Simple Hassle-Free Set Up
-
- No Sign up or Leaving Charges
-
- Personal Advisory Team
-
- Accurate on Time Payments
-
- Tax Compliance
-
- Class A PRSI Contributions
-
- Dedicated Payroll Account Manager
-
- Advise on Business Expenses Claims
-
- On-Boarding Contractor Support Team
-
- 24/7 Access to Contractor's Portal
-
- Contractor Wealth Management
-
- Employers and Public Liability and Professional Indemnity Insurance
€30 per week
Weekly Service
- Free Set Up
- Tax Deductible Weekly Fee
- Weekly Invoicing
- Accurate Same Day Payment Processing
- Employers Liability €13 million
- Public + Products Liability €6.5 million
- Professional Indemnity €2.6 million
- Contractor Tax Planning
- Smart Technology i-Connect
- Contractor Wealth Management
€60 per fortnight
Fortnightly Service
- Free Set Up
- Tax Deductible Fortnightly Fee
- Fortnightly Invoicing
- Accurate Same Day Payment Processing
- Employers Liability €13 million
- Public + Products Liability €6.5 million
- Professional Indemnity €2.6 million
- Contractor Tax Planning
- Smart Technology i-Connect
- Contractor Wealth Management
€110 per month
Monthly Service
- Free Set Up
- Tax Deductible Monthly Fee
- Monthly Invoicing
- Accurate Same Day Payment Processing
- Employers Liability €13 million
- Public + Products Liability €6.5 million
- Professional Indemnity €2.6 million
- Contractor Tax Planning
- Smart Technology i-Connect
- Contractor Wealth Management
New to Contracting
With a full-time team of advisers, tax experts, payroll and a dedicated contractor support crew, we offer you the expertise, knowledge and experience to fulfill all roles for contract tax, compliance and administration. We'll keep it simple, plus we won't charge you a percentage of your contract income.
Set Up
Begin your set up under the PAYE Umbrella Company by completing our online Starter Form
Advisory Team
Our advisory Team will contact you prior to your set up and help with any Questions
Contract for Services
We'll liaise with your agency and submit all details required for your Contract for Services
Revenue Account
You'll need to set up a Revenue Account but we'll help. This a mandatory Revenue requirement for PAYE Modernisation 2019
i-Connect 24/7
You'll receive a personal account and access to the Icon Accounting portal : i-Connect. Here you can complete online time sheets and business expense claims
Business Expenses
Your Payroll Account Manager is on hand to advise you on claimable business expenses and ensure you receive all entitlements
Tax and Payroll
On receipt of funds, we guarantee immediate processing of payroll with accurate tax calculations on a real time basis
Payment
Your net payment is transferred to your Personal Bank Account with a supporting Payslip
Frequently Asked Questions
Got a Question?
Let us help
-
Icon Accounting, Columba House, Airside,
Swords, Co. Dublin, Ireland, K67 R2Y9