Budget 2026 – Key Updates for Contractors and the Self-Employed
Budget
From USC band changes and minimum wage increases to extended housing supports and new R&D tax credits, find out what matters most for contractors and the self-employed.
Budget
From USC band changes and minimum wage increases to extended housing supports and new R&D tax credits, find out what matters most for contractors and the self-employed.
Budget
With Budget 2026 fast approaching, professionals are keeping a close eye on what changes may be in store. Recent commentary from the Central Bank, government ministers, and advisory bodies has begun to shape the picture, signalling a budget focused on sustainability, targeted measures, and broadening the tax base rather than large one-off giveaways.
Contracting info
Starting your contracting career does not mean you lose your social welfare contributions. With the right structure — whether a PAYE Umbrella, Director Umbrella, or Personal Limited Company — you can maintain your entitlements and even add protection for illness, retirement, and wealth management.
Expenses, Income Tax Return
At Icon Accounting, we want to make sure our contractor clients are always ahead of the game when it comes to their accounting and tax requirements. That’s why we’ve invited our very own tax expert, Gillian Reville, to share her top tips on avoiding common mistakes when preparing your income tax return.
Icon News, Contracting info
At Icon Accounting, supporting contractors with clear, practical advice is a key part of what we do. To help our contractor community stay financially savvy and informed, we sat down with our Umbrella Team Member, Stephen Fitzsimons, to discuss common financial pitfalls, best practices, and key recommendations for long-term success in contracting.
Contracting info, Expenses
With the back-to-school season in full swing, it’s not only students who should be sharpening their skills. As an independent contractor, staying ahead in your field often means upskilling. The good news? Upskilling can be tax efficient. If you take on training directly related to your current contract (or to the services your company provides), the cost of that course may qualify as a business expense — meaning you can claim tax relief and reduce your overall tax bill.
Thanks for choosing Icon!
We are delighted you have decided to start Contracting with us.
To start Contracting, complete our sign up form by clicking the 'Get Started' button below. One of our team will be in contact shortly to discuss your contracting requirements.