PAYE Umbrella Company

PAYE Umbrella Company

Choose to contract under a PAYE Umbrella Company for simplicity and ease. As one of Ireland's most established umbrella company solutions, we manage your setup, handle all your tax obligations and paperwork, calculate your tax accurately, and make sure you're paid correctly on time, every time. Whether you're contracting in Dublin, Cork, Galway, Limerick, or anywhere else in Ireland, we've got you covered.

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.

As a leading umbrella company for contractors in Ireland, we combine smart technology with real support. Your entire umbrella company setup is handled online, start to finish. Our contractor app and online portal also put everything at your fingertips, from payslips to expenses, while your dedicated account manager is always on hand for anything you need. Whether you're in Dublin, Cork, Galway, Limerick, or working remotely, you get a fully managed PAYE umbrella solution with a personal touch.

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

Management Fee

So how much do umbrella companies charge in Ireland? With Icon Accounting, you get a free set-up, and it's just one simple, flat rate based on how often you're paid — no percentage of your contract income, and no sign-up or exit charges. Our Pay As You Use option is ideal for first-time contractors.

Pre Tax

€30 per week

Weekly Service
  • Free Set Up
  • Tax Deductible Weekly Fee
  • Weekly Invoicing
  • Accurate Same Day Payment Processing
  • Employers Liability €14 million
  • Public + Products Liability €6.5 million
  • Professional Indemnity €5 million
  • Contractor Tax Planning
  • Smart Technology i-Connect
  • Contractor Wealth Management
Pre Tax

€60 per fortnight

Fortnightly Service
  • Free Set Up
  • Tax Deductible Fortnightly Fee
  • Fortnightly Invoicing
  • Accurate Same Day Payment Processing
  • Employers Liability €14 million
  • Public + Products Liability €6.5 million
  • Professional Indemnity €5 million
  • Contractor Tax Planning
  • Smart Technology i-Connect
  • Contractor Wealth Management
Pre Tax

€110 per month

Monthly Service
  • Free Set Up
  • Tax Deductible Monthly Fee
  • Monthly Invoicing
  • Accurate Same Day Payment Processing
  • Employers Liability €14 million
  • Public + Products Liability €6.5 million
  • Professional Indemnity €5 million
  • Contractor Tax Planning
  • Smart Technology i-Connect
  • Contractor Wealth Management
After Tax

€14.40 per week

Weekly Service
  • Free Set Up
  • Tax Deductible Weekly Fee
  • Weekly Invoicing
  • Accurate Same Day Payment Processing
  • Employers Liability €14 million
  • Public + Products Liability €6.5 million
  • Professional Indemnity €5 million
  • Contractor Tax Planning
  • Smart Technology i-Connect
  • Contractor Wealth Management
After Tax

€28.80 per fortnight

Fortnightly Service
  • Free Set Up
  • Tax Deductible Fortnightly Fee
  • Fortnightly Invoicing
  • Accurate Same Day Payment Processing
  • Employers Liability €14 million
  • Public + Products Liability €6.5 million
  • Professional Indemnity €5 million
  • Contractor Tax Planning
  • Smart Technology i-Connect
  • Contractor Wealth Management
After Tax

€52.80 per month

Monthly Service
  • Free Set Up
  • Tax Deductible Monthly Fee
  • Monthly Invoicing
  • Accurate Same Day Payment Processing
  • Employers Liability €14 million
  • Public + Products Liability €6.5 million
  • Professional Indemnity €5 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

How long does it take to set up under the PAYE Umbrella Company?

Contractors can be set-up immediately under the PAYE Umbrella Company.

Can I change my solution under the Umbrella Company?

Yes, contractors can change from PAYE Umbrella Company to Director Umbrella Company at any stage throughout the contract. Simply contact our office and our team will take care of the rest.

Do I need to set up a seperate bank account under the Umbrella Company solution?

No, payment can be made to your personal bank account. A separate bank account is only required when setting up a Personal Limited Company.

Do I need to setup a Direct Debit or Standing Order to receive payment under the Umbrella Company?

No, you do not need to do so. Once funds are received from your recruitment agency, we will immediately process your payroll and transfer the funds to your personal bank account.

Will I get charged if I don't use the service?

It's free to set-up up under our Umbrella Company soltions and we offer a Pay As You Use service, meaning you will only be charged when we process your payroll.

Do I have to take care of my own taxes under the Umbrella Company Solution?

No, Icon Accounting will take care of all taxes and payments for each contractor under the PAYE Umbrella Company. As part of our fully managed service, we will offer full assistance to Contractors registering with Revenue and manage all invoicing, payroll and taxes for the full duration of the contract.

How much tax will I have to pay under the PAYE Umbrella Company?

Under the PAYE Umbrella Company, you will pay Class A PRSI. 

What happens when I finish the contract?

Following final payment from your recruitment agency, Icon Accounting will simply inform Revenue that you have now ceased contracting. This will allow Revenue to update your MyAccount. 

How much do umbrella companies charge in Ireland?

Umbrella company fees in Ireland usually depend on your pay frequency and provider. At Icon Accounting, PAYE umbrella company fees start from €14.40 per week (after tax), with no percentage of your contract income taken and no hidden charges.

What is the best umbrella company in Ireland?

The best umbrella company for you is the one that fits how you work. It should make contracting simple; transparent fees, on-time pay, and dedicated support, all fully tax compliant. At Icon Accounting, that's the standard we've built our service around, supporting thousands of contractors since 2008. See what contractors say about us in our Google reviews!

Do you provide umbrella company services in Dublin, Cork, Galway and Limerick?

Yes! Our umbrella company service is available nationwide and available to contractors across Ireland. Whether you're contracting in Dublin, Cork, Galway, Limerick, or working remotely anywhere in Ireland, everything is handled online through our contractor app and portal, with a dedicated account manager on hand whenever you need them. The entire setup and payroll process is managed online, so your location doesn't affect the service you receive.

What is an umbrella company solution?

An umbrella company solution is a fully managed payroll and compliance service for contractors. The umbrella company acts as an intermediary between you and your end client, handling your invoicing, tax deductions, and payments on your behalf.

Rather than setting up and running your own limited company, you contract through a PAYE Umbrella Company, so you can start instantly while maintaining Class A PRSI status.

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Got a Question?
Let us help

Icon Accounting, Columba House, Airside,
Swords, Co. Dublin, Ireland, K67 R2Y9
+353 1 8077106
info@iconaccounting.ie