Tag Archives: self employed

Self-employed? Find out how to file your tax returns

Filing your tax returns can seem like a daunting prospect—there is much conflicting information online about tax returns for self-employed people. In fact, it can be difficult to know the circumstances under which the law stipulates that you need to file your own tax return. You want to ensure that you are paying the amount… Read More

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10 Tax Deductions the Self-Employed in Ireland can claim

If you’re self-employed (i.e. you work for yourself instead of an employer) or receive income from non-PAYE sources, you must register for self-assessment with Revenue. Self-assessment is where you calculate the income tax you owe for the tax year yourself, and it needs to be done every year when you file your tax returns. Fortunately,… Read More

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Newly Self-Employed? How To Register for Self-Assessment

Becoming self-employed for the first time can be an exciting, challenging and anxious transition—particularly when it comes to calculating and paying your tax liability for the first year. If you were previously a PAYE employee, you relied on the straightforward pay-as-you-earn (PAYE) tax system to take care of your tax liability for you. Now that… Read More

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What is Self-Assessment?

All self-employed people, including individuals with revenue streams from all sources e.g. rental income and foreign investments, must make a self-assessment to Revenue. While it’s easy to see self-assessment in a negative light, the self-assessment process can actually give you greater control over your taxes and empower you to better manage your business-related finances. Share:

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Filing your self-assessment tax return – important rules to note

Are you preparing to file a tax return? For many small business owners, sole traders and landlords, filing a tax return can prove a troublesome process. There are just so many documents to gather, financial figures to note and deadlines to meet. There’s also a lot of different “rules” to contend with which can cause… Read More

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