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Sole Trader taxes

clonna · 2012-08-09 08:32:05

Hi, I was just wondering whether someone could advise me quickly, I know I have to register for tax, and i have the form and tax clearance. but income tax, PRSI Class S and USC-im confused . I get a weekly wage and its a set amount and I want to set aside weekly amounts for my tax in Oct 2013. I am wondering how to…

09-08-2012 8:32am

#1

clonna

Registered Users, Registered Users 2 Posts: 42 ✭

Join Date: February 2010

Posts: 33

Hi,
I was just wondering whether someone could advise me quickly,
I know I have to register for tax, and i have the form and tax clearance. but income tax, PRSI Class S and USC-im confused
.
I get a weekly wage and its a set amount and I want to set aside weekly amounts for my tax in Oct 2013. I am wondering how to calculate this and whether I am still entitled to the Single person tax credit (cant remember how much-you know the one less than €2000).

I was a PAYE employee until July of this year,
Thanks.

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