Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

New to Ireland (self employed) - when should I submi

  • 04-04-2014 6:03pm
    #1
    hkjohn
    Registered Users, Registered Users 2 Posts: 405 ✭✭


    Hi, Just moved over to Ireland last August and set up my own business. Does anyone know whether I should submit a tax return for Sept 13 to Mar 14 or wait until my Sept 13 and Oct 14 year is up

    All advice gratefully received


Comments

  • #2
    srsly78
    Registered Users, Registered Users 2 Posts: 7,157 ✭✭✭srsly78


    Retain the services of an accountant. Note that "self-employed" can mean several different scenarios, sole trader or proprietary director.

    Lots of info here: www.selfemployedsupports.ie


  • #3
    hkjohn
    Registered Users, Registered Users 2 Posts: 405 ✭✭hkjohn


    Cheers for the link.

    JFYI, am a freelance writer so a sole trader

    Already have an accountant, but he seems more interested in charging me than helping me with practical advice


  • #4
    srsly78
    Registered Users, Registered Users 2 Posts: 7,157 ✭✭✭srsly78


    Find another one then, make sure general advice is included in the service as well as end of year returns.


  • #5
    hkjohn
    Registered Users, Registered Users 2 Posts: 405 ✭✭hkjohn


    Cheers think I might do that. Knowing that I have just arrived from Hong Kong, the accountants where I live seem to think I am sort of mug who is asking to be fleeced. First one I met (while over here to find a property near where my Irish family is based while still resident in Hong Kong) attempted to charge me E150 for a meeting plus VAT only advising me of the charge after the meeting had taken place. I told her to get stuffed and never heard anything back from her after that.


  • #6
    Mr. Incognito
    Registered Users, Registered Users 2 Posts: 9,798 ✭✭✭Mr. Incognito


    Consultation meetingso should be free. Ask about for a reputable accountant


  • Advertisement
  • #7
    hkjohn
    Registered Users, Registered Users 2 Posts: 405 ✭✭hkjohn


    Mr. Incognito wrote: »
    Consultation meetingso should be free. Ask about for a reputable accountant

    Ironically, she was in the local paper about a week later talking about no cost chats!


  • #8
    Eireog1
    Registered Users, Registered Users 2 Posts: 81 ✭✭Eireog1


    The Irish tax year is based on the calender year. You stated trading in Sept 2013 so therefore your financial year end will be August 2014. As this is a start up trade you end up being taxed on the same year twice. Your 2013 tax return will be based on 4/12 of the profit made to August 2014. The 2014 tax year will then be based on the full year to August 2014.

    If you wish you can complete the Accounts from September 13 to Dec 2013 for complete the 2013 tax return as it is due by Oct 2013 and it would be quiet difficult to have August 2014 accounts completed by then.

    If you want futher advice i'm a qualified accountant and you can contact me privately


Advertisement