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Have I done this right ?

  • 03-10-2011 3:02pm
    #1
    davil
    Registered Users, Registered Users 2 Posts: 352 ✭✭


    Did I do this right ?

    I've attached a Dummy spreadsheet of how I would calculate my liability for the revenue for 2010.

    I'm a PAYE worker but also a registered sole trader on the side.
    I'm single with no dependents or anything.

    When I say dummy, I've made the figures up to check to see if it would all work, then I can put in my actual figures. I've made up the PRSI figures on the left they're not calculated based on anything. but for any of the business stuff on the right hand side it's all calculated by sums and references to other cells.

    I haven't done preliminary tax for 2011 yet, I'll check that next.
    My accountant did all this last year but I'm trying to learn the basics myself.

    Have I missed anything or done anything incorrectly ?

    If anybody could help me I would really appreciate it. I can hardly afford to pay my taxes this year, never mind pay an accountant.


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