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Minimum Income for Tax Declaration?

  • 14-06-2011 11:07am
    #1
    Golduck
    Registered Users, Registered Users 2 Posts: 7 ✭


    Hi all,
    I'm 19 years old, in college education, and recently started a summer job. I'm trying to fill out the 12A Tax Form at the moment. This is my first "official" job.

    However, I have worked with another company (freelance work, I guess you could call it) for about two years. When I started two years ago I was made aware that:
    1. The job was infrequent (e.g. nothing for two weeks, then 3 jobs in a week)
    2. My gross yearly income from it would be low (around €2500, not bad for a 16 year old though!)

    Because of this, I was told I did not need to declare the earnings for any tax purposes. I never really thought about it since, until I saw this 12A form and the "Details of any other income" section.

    So, I have some questions before I can fill this thing out with a clear conscience:
    • - Was the advice not to declare the "freelance" earnings two years ago correct? Was I under some sort of minimum income threshold for declaration?
    • - If I am earning money now from another job, do I have to declare the freelance earnings now on the 12A form no matter what, or is there still some sort exemption limit I can avail of?


    Additional Info:
    I have been paid by bank transfer for two years.

    From the company's point of view I am "subcontracted" (I'm about 90% sure of this).

    After checking revenue.ie, I have seen that

    • - A person earning less than €35000 per year is exempt from income tax
    • - A person earning less than €352 per week is exempt from PRSI
    • - A person earning less than €4004 per year is exempt from the Universal Social Charge

    I'm fairly sure I am currently below all three of these limits, but it still seems like the earnings must still be declared... I have yet to come across a minimum income limit for tax declaration.

    I am embarrassingly ignorant of tax matters, but I do not want to commit some sort of tax fraud due to ignorance (I wish this stuff had been taught in school!).


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