Foreign Rental Income PAYE and Form 11, 11E or 12

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Hello folks,
Hope you can help me out as I am unsure what I need to do.

Basically I am a PAYE employee, have been for 16 years and 99.5% of my income is from this source.

However I bought a small foreign investment flat and it made some money last year, 324 euro profit (i.e after paying local taxes, management fees and the 75% interest on the loan I took out allowance).

Do I now need to complete a Form 11, 11E or 12? I've printed it off and it looks confusing. Given I've made so little should I worry re filling it in at all? (Also given I've made so little I really don't want to pay an Irish accountant to complete it for me)

If I do need to complete it (I'm guessing I probably do) are there many sections I need to complete, so far I reckon I need to fill in;

1: Personal details page 2
2: Section D perhaps (this will cover my PAYE side, I should be able to get most info from my P60)
3: Section E - Foreign Income - question 313

Other than that I'm a normal Joe, nothing else too exciting tax wise.

Thanks,

CIARAN_BOYLE

Form 12 as you earn less than three thousand something which is the form 11 threshold.

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Ah great. Form 12 looks like a better bet, more straightforward.

Last Out

Re question 56 - Medical Insurance. I have VHI, I pay it myself. Do I need to enter this?

relax carry on

Last Out wrote: »

Re question 56 - Medical Insurance. I have VHI, I pay it myself. Do I need to enter this?

No.

Last Out

Thanks relax.carryon. I called VHI and they also said "No".