Everyone that makes money in Ireland needs to pay tax. The way our tax system works means that if you are an employee your tax is paid at source before you receive your salary into your hand.
However, if you make any money outside of this income then you need to file a self-assessment tax return each year.
Here are the most common reasons you may need to file a Tax Return:
- You are self-employed, work freelance or as a contractor
- You are a landlord or make money using Airbnb
- You are the director of a company
- You own shares
- You have sold a personal asset or all or part of your business
- You have inherited money
- You make some extra cash doing “nixers”
To arrange a free initial consultation on your self-assessment position, call our friendly and experienced team today on 1800 98 76 09 or drop us a line using our online enquiry form to get the ball rolling.
Last updated: 6th October 2020This article is intended to inform rather than advise and is based on legislation and practice at the time. Taxpayer’s circumstances do vary and if you feel that the information provided is beneficial it is important that you contact us before implementation. If you take, or do not take action as a result of reading this article, before receiving our written endorsement, we will accept no responsibility for any financial loss incurred.