Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Extra Income

  • 28-01-2011 3:37pm
    #1
    pregzt
    Closed Accounts Posts: 12 ✭


    Hi all,

    Let me introduce the situation I'm facing. I work for a company and I pay regular PAYE, PRSI and all that stuff (technically my employer deducts all the taxes, levy and charges form my gross salary).

    Recently I got some extra job to do for a UK-based company. I was wondering in what form they should pay me and how I should clear that income from the taxation perspective. Should they send money to may bank account and then I should somehow lat Revenue know about that? How about the invoice for the company that is going to pay me?

    What is the best way to manage that?

    Cheers,
    T.


Comments

  • #2
    kennyb3
    Registered Users, Registered Users 2 Posts: 6,724 ✭✭✭kennyb3


    You invoice the company, they pay you in whatever form you want.

    If you make below €3,174 profit you file a form 12, if above €3,175 you file a form 11.

    Both ways you are declaring the extra income to the Revenue and they will send you the bill.


Advertisement