Revenue checking Musicians

greenpilot

Hi,

I play in a three piece band. We all have fulltime day jobs and I recently posted our next few months gigs on Facebook as a bit of promo. A fellow musician in the town rang me to warn me that Revenue were going around all the pubs in the area asking the owners who was playing there and how much they were being payed.
So, can anyone tell me what the correct procedure is to do things above board or do we simply tell revenue....well, nothing.

PS, as we get paid feck all anyway, is it even worth their while?:mad:

Gingganggooley

Yes, you are required to declare all income. You can offset expenses and purchases against it so your net liability might end up being nil.

bobwilliams

Gingganggooley wrote: »

Yes, you are required to declare all income. You can offset expenses and purchases against it so your net liability might end up being nil.

even if he is just adding another employer to his tax profile.
What I mean is I presume the op isn't going to go down the sole trader route.

The reason I'm asking is because I coach golf and I'm liggit but I have a full time job also.
I'm not set up as a sole trader,i only deal with 1 school so they are on my tax cert,could I put in expences like the op ???

periodictable

Revenue checks Facebook business pages.

Gingganggooley

bobwilliams wrote: »

even if he is just adding another employer to his tax profile.
What I mean is I presume the op isn't going to go down the sole trader route.

The reason I'm asking is because I coach golf and I'm liggit but I have a full time job also.
I'm not set up as a sole trader,i only deal with 1 school so they are on my tax cert,could I put in expences like the op ???

A quick telephone to the tax office would give you the answer. They are extremely helpful these days. Their website is good for info' too.

There is the facility for you to claim expenses as an employee.

Gingganggooley

bobwilliams wrote: »

even if he is just adding another employer to his tax profile.
What I mean is I presume the op isn't going to go down the sole trader route.

The reason I'm asking is because I coach golf and I'm liggit but I have a full time job also.
I'm not set up as a sole trader,i only deal with 1 school so they are on my tax cert,could I put in expences like the op ???

A quick telephone to the tax office would give you the answer. They are extremely helpful these days. Their website is good for info' too.

There is the facility for you to claim expenses as an employee.

Sligophoto

Be aware that becoming a self-employed (even if only part time) has tax implications including paying at least the mandatory minimum rate of prsi contribution for self employed. This will be on top of whatever you pay as a paye person and brings no additional benefit in terms of recognised contributions.

Grolschevik

Some useful info on these previous threads:

http://www.boards.ie/vbulletin/showthread.php?p=87485349

http://www.boards.ie/vbulletin/showthread.php?t=2056420446