production payroll services
A Managed Wage & Salary Payment System
We’re here to help
A simplified Payroll Solution for Contractors
The new regulations from the Irish Revenue Commissioners in relation to freelance work and sole traders has an impact on every individual who works in this space along with the companies who hire them.
Our ‘Production Payroll Service’ is a Revenue-compliant payment solution, designed with Contractors in mind. Dispense with stress while continuing to enjoy the benefits of freelance work. With a quick and easy set-up, you’ll be registered with us in minutes
Why Choose Us?
We will handle all the administrative tasks, such as invoicing, payroll, legislation and tax compliance. We give you back your time, allowing you to focus on your job.
Contractors
Get hours of personal time back with our secure and straight-forward payroll and invoicing system.
Client-Contractors
New laws means new solutions. Maintain your working relationships while getting prompt, compliant payments.
Clients
With over two decades of experience in the media industry, we understand how things work, and how to simplify all your admin tasks.
How does it work?
As easy as 1, 2, 3
1. Seal the deal
Once you sign up with us, we register you, and allow you time to allocate all relevant tax credits and allowances to us via your MyRevenue account.
2. timesheet time
As you complete jobs, simply send us your timesheets and we’ll invoice clients and companies on your behalf, and follow up with all payments.
3. payslips & payments
You will receive regular payments, with taxes and applicable fees already deducted. Upon the processing of your payment, you will receive an encrypted payslip, detailing a full tax breakdown.
A pool of benefits
- Guaranteed tax compliant
- Lower cost than registering as a PLC
- Reduced personal admin, eg., invoicing
- More convenient; No need to make yearly tax provisions
- No joining or cancellation fees
- Maintain PRSI Class A contributions, allowing access to state benefit sick pay, maternity / paternity leave compensation, social welfare if unemployed
- Access to certain tax incentive schemes
- Weekly payments
- Access to work opportunities via The Production People
- Retain PAYE credit
- Quick and easy registration with immediate start
- No minimum contract
Frequently asked questions
Contractors are typically hired on a short-term basis, for example, until the completion of a specific project or job, and are not considered full-time employees.
Contractors are paid a daily rate, rather than a regular salary, and are not entitled to the benefits of holiday pay, sick leave or other full-time employee benefits.
To compensate for this, contractors are generally paid higher fees than full-time employees in the same role.
With us, you won’t need to set up a Private Limited Company (PLC).
We will act as your managed umbrella PAYE solution for all your freelance work.
Not anymore. When you collaborate with Production Payroll Services, your payments are processed via our company payroll, meaning we take care of your taxes.
Contractors retain the power to complete multiple jobs with multiple clients, but with the benefit of one registered entity for Revenue and payroll purposes. No need to worry about managing your finances or filing a personal tax return each year, unless you have additional income e.g., rental or investment income.
Under our PAYE solution, you will pay Contractor and Company PRSI. This is industry standard to ensure you maintain full PRSI benefits.
These taxes are deducted at source and paid directly to the Revenue Commissioners each month on your behalf, rather than accumulating as one large payment at the end of the financial year.
Genuine receipted and vouched expenses, travel costs, and subsistence can still be claimed.
Our all-inclusive service is extremely affordable and significantly lower in both cost and administrative burden when compared to setting up a Private Limited Company (PLC).
For more information, contact us on info@productionpeople.ie.
