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tax worry

cichlid child · 2007-06-18 11:13:29

Hi i am working full time at the moment but am thinking of setting up on my own.A bigger rival company than the one i am at have asked me to join them for the last few years.The thing is i was talking to the rival boss yesterday and he said they would like me to come work for them and i could keep my own clients and build…

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18-06-2007 12:13pm

#1

cichlid child

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Hi i am working full time at the moment but am thinking of setting up on my own.A bigger rival company than the one i am at have asked me to join them for the last few years.The thing is i was talking to the rival boss yesterday and he said they would like me to come work for them and i could keep my own clients and build up my portfolio ie: working for myself partime(would have to commit to them for 2 years).the tax thing is that i would be paying paye and my own personel tax is this legal

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#2 27-06-2007 9:40am
ircoha

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Join Date: August 2006

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having multiple sources of income is not a problem from a tax perspective: you need to see about the PRSI aspect as being self employed has lesser contributions AND lessor benefits than PAYE so when u have a mix of income types, I dont know which takes precedent

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