I have just started in business (within the uk) after years in a financial office environment and accounting/ bookkeeping training courses. I have trained on Sage and HMRC payroll, but have just received a request from a customer in the republic of Ireland for Payroll. I am at a loss and finding out information has proved to be difficult. This customer wants everything set up yesterday although he only contacted me today!!I know that i need to register with irish Customs and revenue but it is more about software..maybe the equivelent of the HMRC employer cd-rom.
Has anyone had experiences with this or can anyone offer advice??
Many thanks for your attention
-- Edited by freedomresources at 23:47, 2009-02-05
I think a good starting point for you might be here - http://www.revenue.ie/en/index.html, and the employers guide is here - http://www.revenue.ie/en/business/paye/guide/index.html.
I've no experience myself with Republic of Ireland and it could possibly be completely different, though the terms do seem much the same (ie P35, P45 etc).
Your client should be prepared for you to take just a little time to become familiar with any differences there.
I did some work for an employer in Southern Ireland last year, bookkeeping and payroll.
It was a manual payroll system so probably cant directly answer your question however i was able to complete the payroll fairly well. The tax tables should be on their website and you can work from there. When i completed the work, i did a bit of research into a computerised system for the owner.
The main software vendors do a Southern Ireland Version but with the obvious cost associated with purchasing it - not sure about a CR-ROM, give the Revenue a call and ask them.
P.S. I'm from Derry too, welcome to the forum, its a really useful place to get great advice from lots of experienced and helpful bookkeepers.
I really appreciate the advice that you gave me. I researched the Irish Revenue and found software that costs minimal compared to other software at around £150, wiht no restrictions on the amount of companies. The tax system is slightly different although the same principles apply. I feel once you are familiar with HMRC it is quite easy to picl up the ROI.
We are looking for some software to carry out Irish PAYE. I came across the threads and posts and can see that there was something for £150. Just wondering if you could let us know the name of the software or where we could purchase the software from. Thanks Gavin Fernandes ACA, CTA
Hi there, thank you very much for the quick response. We are going to trial it (they allow you to download for 2 pay periods) and will then probably buy it. Thank you again for the assistance. Best wishes Gavin
Hi Louise, I have just spoken with the accountant who will be trialling it today for our practice. I will let you know how they get on once they download it. Should be able to inform you by end of this week. please feel free to remind me if I forget, as I do tend to forget a lot of things and need to organise myself better! - need to start writing down things, that is where i'm going wrong. I have read the book "getting things done" which is very good, but need to be more disciplined in following the suggested approach mentioned in the book. Best wishes Gavin
Our client who has requested that we carry out payroll services, now wishes to be informed on tax efficient structures for Ireland. We primarily deal with Limited company contractor clients based in England and here the planning would be to pay a lower salary but to extract most of the profits of the company by way of dividend. This is even more desirable if there is a husband/wife shareholding in the company as they can both utilise their "nil rate bands".
does anyone have any similar cases in Ireland and do you know if such a strategy would work in Ireland?
