Am I self employed if I only receive pension and rent?

doyler58

Backstory: I'm in my 60s and I took early retirement in the UK where I spent all my working life, and I moved back to Ireland last year.

I'm trying to register for self assessment, and I messaged the Revenue asking how to proceed. The Revenue say I need a NACE code for my "main source of self-employed income". But I'm not actually employed, even by myself. My main income is from a company pension. The closest NACE code I can find is 6530 but that appears to be for people in the pensions industry, and I am not in the pensions industry.

I also get some rental income from my house in England, but I don't actually do any work for that (I pay an agent for that).

So should I just declare that I'm employed in the pensions industry, or is there a different NACE code I should use?

Or should I be proceeding in a totally different way, such as not even using a NACE code?

Geuze

Why are you trying to register for self-assessment?

Self-assessment is for self-employed people, which you are not.

It is also for people with non-PAYE income of 5k net / 30k gross.

Geuze

Q.1 I am a PAYE worker with other income. Do I need to register for Self Assessment Income Tax?

a) If the non-PAYE income exceeds €5,000 you must register for the Self Assessment Income Tax system and submit an Income Tax Form 11.

b) If the income doesn’t exceed the threshold you can submit an Income Tax Form 12 which is the form normally used by PAYE earners.

Q.2 Which tax form do I complete – a Self Assessment Income Tax Form 11 or an Income Tax Form 12?

a) The Income Tax Form 12 is for PAYE individuals with additional income under €5,000.

b) The Self Assessment Income Tax Form 11 is for individuals registered for the Self Assessment tax system.

Geuze

Read this:

https://www.revenue.ie/en/self-assessment-and-self-employment/guide-to-self-assessment/index.aspx

Louche Lad

Deleted.

Mrs OBumble

https://www.boards.ie/discussion/comment/120321695#Comment_120321695

The OP clearly states that s/he has foreign rental income.

Registration is appropriate.

OP, your main source of self-employment income is rent. The fact that you sub-contract the hands on work to an agent is irrelevant.