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PAYE Worker + Private Consultancy

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  • 27-04-2017 12:29am
    #1
    karlitob
    Registered Users Posts: 2,589 ✭✭✭


    Hi all,

    Apologies if this question is answered elsewhere but could find it.

    I'm a PAYE worker and will remain so. I am starting to do some education & training at the weekends. I hope that another revenue stream will begin soon in the thing that I give the education and training on.

    It won't be mad money - €200-€300 per month if I'm lucky.

    Is it easier to pay tax etc through my PAYE (and I think Form 12) or set up as a sole trader, or limited company? Could someone direct me to (simple) reading resources of what I can write off and how (like a laptop/projector/software that I need for the education/training. Or anything that you think is useful.

    Also, I appreciate the need for an accountant - how much wold they typically charge for something a small business and would it be worth it consider the little amount (it might no the every month).

    Many thanks.


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    #2
    mrslancaster
    Registered Users Posts: 1,816 ✭✭✭mrslancaster


    citizens information 'how to comply with your tax obligations' may have some useful details, at least its easy to understand , plain english


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    #3
    Mrs OBumble
    Registered Users Posts: 25,966 ✭✭✭✭Mrs OBumble


    Also consider what professional liability insurance you need: depending n the risks, this may push you towards setting up a limited-liability company which you wouldn't need otherwise.


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