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Mystery Shopping

  • 25-05-2016 7:19pm
    #1
    Registered Users, Registered Users 2 Posts: 750 ✭✭✭


    I was thinking of signing up to do mystery shopping. I'm lucky that I'm in a permanent, full time position and but between tax, prsi and the universal social charge, I think I would be paying nearly 50% of my mystery shopper earnings in tax.

    I was going to see an accountant to see if they could set me straight about a few things but I was afraid of what I would be charged, for just 5 mins of their time!!

    Has anyone here ever done mystery shopping? Are you able to deduct the likes of petrol and other related expenses from your income?


Comments

  • Registered Users, Registered Users 2 Posts: 6,893 ✭✭✭allthedoyles


    This is normally PAYE income and paid per assignment.- you should also receive an small allowance for mileage , but this cannot be claimed under paye income .

    if you are a high earner ( over 70k) the 50% you talk about is probably 40% tax / 8% USC and 4% PRSI

    Call the tax office with an estimate of your earnings from both employments in 2016 and they will give you free advice


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