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Payroll in Ireland

Managing payroll in Ireland requires careful compliance with taxation laws, reporting obligations, and employee rights. We provide tailored payroll solutions to simplify these processes, so you can focus on growing your business with confidence.

Taxation

Payroll taxation in Ireland involves mandatory deductions, which employers are responsible for managing:

  • Income Tax (PAYE): Deducted at source based on the tax credits and rate bands provided by Revenue.
  • Universal Social Charge (USC): Calculated on gross income above a certain threshold.
  • Pay-Related Social Insurance (PRSI): Contributions made by both employees and employers, depending on earnings and employment status.

Employers must remit these deductions to the Revenue Commissioners accurately and on time to ensure compliance.

Payment Methods

Irish employers can pay employees through several secure and efficient methods, including:

  • Direct bank transfers.
  • Electronic payment systems.
  • Payroll cards or other automated solutions.

Wage Slips:

  • Employers are legally required to issue detailed wage slips for every pay period.
  • Wage slips must include gross pay, deductions, and net pay.
  • They can be provided electronically or in printed format.

Compliance Obligations

Complying with payroll regulations is essential to avoid penalties and ensure employee satisfaction. Employers in Ireland must adhere to:

  • Minimum Wage Laws: Ensuring all employees are paid at least the national minimum wage or relevant sector-specific rates.
  • Accurate Payroll Reporting: Submitting payroll data to Revenue through the Real-Time Reporting (RTR) system.
  • Auto-Enrolment Pension Scheme:
    • Ireland plans to introduce auto-enrolment pensions, requiring employers to enroll employees into workplace pension schemes.
    • Employers will need to make contributions on behalf of eligible employees.

Why Work With Us?

Payroll management can be time-consuming and complicated. Our expert team simplifies the process by:

  • Ensuring accurate payroll processing in line with Irish regulations.
  • Handling all payroll-related tax compliance and reporting to Revenue.
  • Offering guidance on upcoming pension auto-enrolment requirements.

Get Professional Support

Don’t let payroll complexities slow your business down. Contact us today for expert payroll solutions tailored to your business needs in Ireland.

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