Icon Accounting - Accounting company in Ireland

 Over the last decade, the Irish public has been witnessing the destabilisation of the Irish private rental sector. Thankfully, Budget 2023 brought some welcome relief with the introduction of the Rent Tax Credit. For any of our contractor community, here’s our breakdown of the rent tax credit, what you can potentially claim, and how to do so. Over the last decade, the Irish public has been witnessing the destabilisation of the Irish private rental sector, having a shortage of accommodation available and record-breaking rental costs. With a 12.6% rent cost increase recorded between 2021 and 2022 alone, it was clear that the government needed to implement measures to assist in tackling the Irish housing crisis. Thankfully, Budget 2023 brought some welcome relief with the introduction of the Rent Tax Credit. For any of our contractor community, here’s our breakdown of the rent tax credit, what you can potentially claim, and how to do so. What is the rent tax credit?

At Icon Accounting , we speak to first-time contractors on a day-to-day basis. We understand that contracting is a new term for most. Some even have a pre-conceptual opinion formed that their new contract offer cannot provide the same additional benefits associated with their permanent employment. However, this is not the case! Once our clients avail of their complimentary consultation with our wealth management partner and learn about the flexibility and financial rewards which are available, they soon realize it is a worthwhile career choice for their further, and develop a career path around this. When considering this career development path, one of the most common questions we get asked by candidates is how they can plan for their future, particularly how they can organize a comprehensive package in line with a traditional employment package associated with past roles.    What many people don’t realize is whilst you operate as self-employed, you can now have these benefit

While working on projects, it's easy to get caught up in the demands of your work and forget about taking care of yourself. Without establishing your work-life balance, it’s inevitable to avoid burnout. For any professionals looking to focus on their well-being, here are some top tips for reassessing and giving you the self-care you need We've always had great feedback from contractors on the work-life balance and feasibility that contracting can offer independent professionals. However, whilst working on projects, it can be possible to get caught up in the demands of your work and forget about taking care of yourself. Self-care and work-life balance are essential for avoiding burnout and maintaining your well-being, so why not check in with yourself, reassess, and use some of our top tips to help you give you the self-care you need Set Your Schedule It's easy to get caught up in the trap of working long hours, but this can lead to burnout and have a bad influe