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Contracting: Difference between revisions
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This article is a basic FAQ about contract work. | This article is a basic FAQ about contract work. | ||
== Whats the difference between working as a contract and a standard (PAYE) employee? == | == Whats the difference between working as a contract and a standard (PAYE) employee? == | ||
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An Umbrella company is essentially a payroll agency. They put you on their books for a monthly fee. You send them your monthly invoices and expenses; They collect the cash, do your monthly payroll, pay your tax, and transfer your wages into your accounts. | An Umbrella company is essentially a payroll agency. They put you on their books for a monthly fee. You send them your monthly invoices and expenses; They collect the cash, do your monthly payroll, pay your tax, and transfer your wages into your accounts. | ||
Example: [http://www.macs.ie/umbrella_services.html MACS Umbrella Services] | |||
===== The Pros ===== | ===== The Pros ===== | ||
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* http://www.basis.ie - Business Access to State Information and Services | * http://www.basis.ie - Business Access to State Information and Services | ||
* http://www.ros.ie - Revenue Online Service | * http://www.ros.ie - Revenue Online Service | ||
[[Category:Jobs]] | |||
[[Category:HowTo]] | |||