Author: avid-partners

Self Employed And Earning Under €5k Per Year?
You May Still Need to Make A Voluntary PRSI Contribution!

If you earn less than €5,000 from self-employment in a year you are exempt from PRSI, but you may pay €500 as a voluntary contribution in order to protect your benefits in the future. You can choose to make voluntary contributions if you are no longer self-employed or if you continue to be self-employed but your income is below the limit for class c contributions (currently €5,000). To become a voluntary contributor you must have at least 468 contributions paid at Class S. (The contribution requirement will increase to 520 contributions in 2015). Voluntary contributions can help maintain your social insurance record and help you to qualify for social insurance payments in the future. Failure to meet the required criteria can result in an individual being ineligible for the full state pension in the future. Don’t risk putting your  pension entitlements in jeopardy.

Contact Avid Partners today to see if you need to be making voluntary PRSI contributions.
Email: advice@avidpartners.ie for further details or call us on 01 4286900.

  • Services

    Get a feel for whether Avid can make a real difference to your business.
    View Services

  • Pricing

    Find out how Avid could make a real difference to your business
    View Pricing

  • Request a Quote

    Find out how Avid could make a real difference to your business
    Request Quote

  • “Your business approach to clients is very impressive. I have always found that when explaining the types of service on offer, it is always concise and straight forward. The level of trust that clients place in your company and its staff speaks volumes.”

  • “Service is second to none; there is always someone at the end of the phone for any business advice. The staff are very easy to get along with, very approachable and know exactly what they are talking about”.

     

  • “We have total faith in Avid Partners looking after all our financial needs from week to week business accounting to yearly revenue returns and all taxation issues. Avid Partners have helped us through these difficult times with quarterly business development meetings and strategies to keep us focused on the changing economic environment. ”

  • “I wish to thank you for your support, advice and hand holding throughout the management buy-out. It is critical to have professional advisers who demonstrate a strong commercial and technical understanding of corporate transactions. You certainly showed strong understanding and ability and we look forward to continuing our relationship into the future.”

  • “Avid Partners – Accountants & Business Advisors are an excellent firm of accountants, their quality ethos is outstanding.”

  • AvidPartners ensures that my accounts are always up to date and accurate, so I can take care of my business, without the hassle of accounting, which I am not a fan of.

  • “In our dealings with Jamie and the other staff members, we have found them to provide a proactive and speedy turnaround service which enables us to maintain a strong financial culture within our company. We couldn’t ask for more.”

  • “I would like to take this opportunity to say how much we are impressed with your company’s professionalism, it has been a pleasure working with you all and we look forward to working with you in the future.”

  • “The team at Avid Partners – Accountants & Business Advisors demonstrate an ability to “think outside the box” and they have a clear understanding of what is required to deliver on their clients’ financial needs. They are always a pleasure to work with.”

  • “I would like to say I’m very happy with your service, especially the audit team, your staff are always friendly, helpful and a pleasure to deal with.”