Income Tax
Personal Tax
An income tax return – Form 11 - is required to be filed with Revenue if you have income from sources other than PAYE, typically if you are self employed, a company director or own more than 15% of the shares in a company.
If you have income from some or all of the following sources, you need to complete a tax return:
- Rental income
- Investment income
- Foreign income and foreign pensions,
- Maintenance payments to separated persons
- Fees
- Profit arising on exercising various Share Options/Share Incentives.
It is always advisable to prepare your tax return as far in advance of the deadline as possible. In the event that there is a balance of income tax to pay, the payment is deferred until 31st October. i.e Early filing does not bring forward the payment date.
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