What form to use for additional 2012 income

ssbob

So I am a PAYE worker and have earned an amount of approx €10k on top of my PAYE earnings in 2012, I have expenses of close to €7k in relation to this. Do I need to fill out a form 11 or is there a different form I should be using? Or are there limits that fall into this?

Thanks

Bob

Citizenpain

form 12 should be fine if your non paye gross income is no more than €3,175) from non-PAYE income sources

ssbob

Anyone else know for definite?

barneystinson

http://www.revenue.ie/en/practitioner/tax-briefing/archive/62/tb05.htm

Non-PAYE income less than €50,000 gross
An individual who is in receipt of income chargeable to tax under the PAYE system but who is also in receipt of income from other non-PAYE sources will not be regarded as a "chargeable person" if the total gross income from all non-PAYE sources is less than €50,000 and the net assessable income is less than €3,174 and the income is coded against PAYE tax credits.

There is no change to the current practice in relation to individuals who fall within this category, provided they have assessable non-PAYE income of less than €3,174. These individuals can continue to have the liability on such income effectively assessed within PAYE by means of coding in the income against their tax credits.

Assessable non-PAYE income of €3,174 or more
An individual with assessable non-PAYE income of €3,174 or more for any year is regarded as a "chargeable person" for Self-Assessment and must file a Form 11 for that year.

Mr. Incognito

Depends on the Income.

Sounds like additional self employed income so a Form 11.

How to register is in the sticky at the top of the forum or on my linked sig