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Employee vs director - Insurance/Brexit issue

gutteruu · 2022-06-22 11:29:46

I have a part time job seperate to my main job. The company is UK based and because of Brexit, their insurance will no longer cover an Irish resident employee. At present I get paid per day and claim mileage from them. They want me to setup my own company in order to get insurance and they will pay the policy. I am…

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22-06-2022 12:29pm

#1

gutteruu

Registered Users Posts: 1,061 ✭✭✭

Join Date: January 2013

Posts: 947

I have a part time job seperate to my main job. The company is UK based and because of Brexit, their insurance will no longer cover an Irish resident employee. At present I get paid per day and claim mileage from them. They want me to setup my own company in order to get insurance and they will pay the policy.
I am guessing if I now invoice them for a days work, all the current tax free mileage expenses I currently get, would be classed as income and taxed heavily? I wouldn't really have any expenses to write off against tax.
Seperately, if anyone knows how to solve the insurance/brexit issue that would be much easier.

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