What you need to know about hiring staff
Date: Thursday 13th August 2020
Time: 10:30am – 11:30am
Is your Startup growing and are you ready to hire your first employee?
Join Chartered Accountant, Tom Francis, for an exclusive webinar that will explain what you need to know about employing people in your business; what taxes are involved, running a payroll and how you can keep up with the new PAYE Modernisation payroll system.
What you'll learn:
Before you hire your first employee, there are rules and regulations you need to be aware of. For example, you need to register as an employer with the Revenue Commissioner before you hire any staff.
Employees also have responsibilities before they take on a new job. This includes ensuring that the correct tax credits have been applied to your account on Revenue's Online System (ROS).
If you are planning on being an employer, it's important that you know employee entitlements so you know how to treat your staff fairly and correctly. Ensuring proper breaks and annual leave are important factors of being an employer.
Overview on contracts, handbooks and legislation
There is a lot of legislation in Ireland on workplace regulations. We go through the important topics you should consider before taking on employees.
How to pay your staff
Employees are entitled to be paid at least minimum wage (€9.80 in 2019) and employers are responsible for deducting employee income taxes on behalf of Revenue Commissioners.
The differences between paying a Director and paying an employee
The rules are generally the same, however, there are differences in the tax credit Directors are eligible to claim.
More Startup Masterclasses available
We're delighted to host a range of other Startup Masterclasses you can register for.
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