I have been employed for many years in the Republic of Ireland, where I was born and where I live. I have now been offered a new, better employment opportunity with a North of Ireland company.
I have been given two options:
1) To set myself up as a self-employed business, invoice my new employer weekly for my payment in Euro, and make my own October tax returns to Revenue.
2) To get a Northern Ireland social security number, and a Northern Ireland bank account, and be employed and paid in sterling as a Northern Ireland employee, paying my tax in the UK. I will pay a weekly stamp and accrue all benefits in the North of Ireland.
My question is, are there any pros or cons to either option? As the work is seasonal, I will likely be laid off at the end of October, if that has any bearing on the decision.
I would welcome any informed opinions from anyone here. I will add any information as required. Many thanks.
I have been given two options:
1) To set myself up as a self-employed business, invoice my new employer weekly for my payment in Euro, and make my own October tax returns to Revenue.
2) To get a Northern Ireland social security number, and a Northern Ireland bank account, and be employed and paid in sterling as a Northern Ireland employee, paying my tax in the UK. I will pay a weekly stamp and accrue all benefits in the North of Ireland.
My question is, are there any pros or cons to either option? As the work is seasonal, I will likely be laid off at the end of October, if that has any bearing on the decision.
I would welcome any informed opinions from anyone here. I will add any information as required. Many thanks.