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how would a new business affect my current job

  • 13-03-2010 2:31pm
    #1
    glic83
    Registered Users, Registered Users 2 Posts: 1,531 ✭✭✭


    As the title says,i have a business idea but how would that affect me in relation to tax in my current job?would i be taxed differently or would i continue paying the same tax and then just pay the tax for the business?it would be a web-based business selling iteams on-line.cheers for any info


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  • #2
    baz_ctr
    Registered Users, Registered Users 2 Posts: 55 ✭✭baz_ctr


    glic83 wrote: »
    As the title says,i have a business idea but how would that affect me in relation to tax in my current job?would i be taxed differently or would i continue paying the same tax and then just pay the tax for the business?it would be a web-based business selling iteams on-line.cheers for any info

    Hi if you use all your tax credits in your current job you pay tax on all you profit and if your profit and your current wages are more than your cut off point you will pay the higher tax rate on the lot with levies, hope this is some help


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