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Do i pay tax

  • 17-04-2013 1:04pm
    #1
    sophai1
    Registered Users, Registered Users 2 Posts: 2 ✭


    My neighbour asked me to sell a house he had built because the agent he had could not sell it. I sold the house for him after a few years and i will be getting a percentage of the sale, Do i pay tax on any money i get from him?
    Im not working but i was always availble for work if i had got a job.
    Where do i stand with this? I dont want any problems with the tax man e.t.c
    Would be very gratful if anyone can advise me, as i dont mind paying the tax, if any is due. thank you


Comments

  • #2
    valleyoftheunos
    Closed Accounts Posts: 2,332 ✭✭✭valleyoftheunos


    its income so You need to see if you are liable for income tax on it.


  • #3
    sophai1
    Registered Users, Registered Users 2 Posts: 2 ✭sophai1


    thanks for that, thats what i was thinking. Some of you might think im mad and should just put it in my pocket and say noting. Yes thats the easy thing to do but i want to sort it out the right way then ive no comeback. :)


  • #4
    3rdDegree
    Registered Users, Registered Users 2 Posts: 1,269 ✭✭✭3rdDegree


    I don't think you're mad.


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