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Freelancing work

  • 21-08-2015 2:02pm
    #1
    jos28
    Registered Users, Registered Users 2 Posts: 7,219 ✭✭✭


    Not sure if this is in the right place but I'm sure the mods will kindly move if necessary.
    I'm working part time and it all goes through the payroll system, paying my PAYE, PRSIE etc.
    I've been offered some other work with someone else on a freelance basis and I was wondering what is the best way to account for this. I'll be paid straight into my bank account and I don't want the Revenue Commissioners knocking on my door next year with a bill. It's only a few hours per week but I want to keep things straight.


Comments

  • #2
    Loughc
    Moderators, Business & Finance Moderators, Recreation & Hobbies Moderators Posts: 25,384 Mod ✭✭✭✭Loughc


    jos28 wrote: »
    Not sure if this is in the right place but I'm sure the mods will kindly move if necessary.
    I'm working part time and it all goes through the payroll system, paying my PAYE, PRSIE etc.
    I've been offered some other work with someone else on a freelance basis and I was wondering what is the best way to account for this. I'll be paid straight into my bank account and I don't want the Revenue Commissioners knocking on my door next year with a bill. It's only a few hours per week but I want to keep things straight.


    So if it's freelance I'm assuming you won't be going through their payroll. In that case you'll need to register for Income Tax and complete a Form 11 at the end of the calendar year.


  • #3
    jos28
    Registered Users, Registered Users 2 Posts: 7,219 ✭✭✭jos28


    Thanks Loughc, I thought that might be it alright. Cheers


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