If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Preliminary Tax - Include PAYE income in calculations?

conorcan2 · 2013-11-11 20:24:52

I have recently started work as a PAYE worker and I have paid my taxes as a PAYE worker for 2013. Earlier in the year I was self-employed. Do I need to take account of my PAYE income when calculating preliminary tax for 2013? I am trying to avoid the following situation: Income from self-employment: 5,000 Income from PAYE:…

11-11-2013 08:24PM

#1

conorcan2

Registered Users, Registered Users 2 Posts: 171 ✭✭

Join Date: August 2010

Posts: 145

I have recently started work as a PAYE worker and I have paid my taxes as a PAYE worker for 2013. Earlier in the year I was self-employed. Do I need to take account of my PAYE income when calculating preliminary tax for 2013?

I am trying to avoid the following situation:

Income from self-employment: 5,000
Income from PAYE: 30, 000 (taxes paid)
Preliminary tax due (including PAYE as income): 8,000

As you can see, I only earned 5, 000 as a self-employed individual but owe 8,000 in preliminary tax!

0

Comments

#2 12-11-2013 01:33AM

Citizenpain

Registered Users, Registered Users 2 Posts: 2,033 ✭✭✭

Join Date: November 2008

Posts: 1980

Ignore paye income for prelim tax

0