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Tax on side work

  • 14-04-2013 9:31pm
    #1
    Twoandahalfmen
    Banned (with Prison Access) Posts: 769 ✭✭✭


    Say I have a full time Job, and I do a service like giving betting tips and charge €5 a month what taxes and how much would I have to pay thanks.


Comments

  • #2
    howardmarks
    Registered Users, Registered Users 2 Posts: 641 ✭✭✭howardmarks


    Your providing a service. Self assessment will apply ie filing returns accounting for the extra income. See revenues guide on self employed.
    Now how good are these tips??


  • #3
    Twoandahalfmen
    Banned (with Prison Access) Posts: 769 ✭✭✭Twoandahalfmen


    howardmarks wrote: »
    Your providing a service. Self assessment will apply ie filing returns accounting for the extra income. See revenues guide on self employed.
    Now how good are these tips??

    Follow my twitter and they'll be up tomorrow afternoon


  • #4
    Paddy001
    Registered Users, Registered Users 2 Posts: 724 ✭✭✭Paddy001


    Twoandahalfmen wrote: »
    Follow my twitter and they'll be up tomorrow afternoon

    In relation to your query - best thing to do is fill in a form 12 annually, but don't forget you will also have to pay some preliminary tax as well before 31 October. In relation to the tips, what is the twitter account and where do I find it :D


  • #5
    Twoandahalfmen
    Banned (with Prison Access) Posts: 769 ✭✭✭Twoandahalfmen


    Paddy001 wrote: »
    In relation to your query - best thing to do is fill in a form 12 annually, but don't forget you will also have to pay some preliminary tax as well before 31 October. In relation to the tips, what is the twitter account and where do I find it :D

    @AMCBets


  • #6
    barneystinson
    Registered Users, Registered Users 2 Posts: 4,686 ✭✭✭barneystinson


    If you were that good at picking bets you wouldn't really need other people's money, would you...? ;)


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  • #7
    allthedoyles
    Registered Users, Registered Users 2 Posts: 6,893 ✭✭✭allthedoyles


    Let us know when you're comfortable enough to give up the day job , and will explain to you how P45's work .

    Hopefully you can message me the tip of the day for free .:)


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