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
Help Keep Boards Alive. Support us by going ad free today. See here: https://subscriptions.boards.ie/.
If we do not hit our goal we will be forced to close the site.

Current status: https://keepboardsalive.com/

Annual subs are best for most impact. If you are still undecided on going Ad Free - you can also donate using the Paypal Donate option. All contribution helps. Thank you.
https://www.boards.ie/group/1878-subscribers-forum

Private Group for paid up members of Boards.ie. Join the club.

How to do personal tax return after being registered under a business previous year

  • 31-05-2016 08:40PM
    #1
    Registered Users, Registered Users 2 Posts: 2,355 ✭✭✭


    For the first quarter of 2015 I was registered as director of a limited company on ros.ie. I'm still registered for corporation tax under the company.
    I moved back on to a full time salary-based job after a few months, and I'm trying to do a standard PAYE tax return now on PAYE anytime.
    When I try to, it tells me 'unfortunately you cannot edit this year as you have an active income tax reg. in addition to PAYE.'
    How can I go about doing a personal PAYE return?


Comments

  • Registered Users, Registered Users 2 Posts: 401 ✭✭Lockedout2


    You are a chargeable person for 2015 as a director of the company.

    You have to file a form 11 for 2015 and a CT1 for the company. Then deregister the company and deregister from Income tax.


  • Registered Users, Registered Users 2 Posts: 2,355 ✭✭✭cruhoortwunk


    Thanks for that, appreciated. And if I kept the company dormant for a year, would the same be required next year? ie. if I keep the company active, but with no trading happening.
    As far as I can see I would need to submit a B1 and a CRO return for the company and a Form 11 for me?


  • Registered Users, Registered Users 2 Posts: 2,355 ✭✭✭cruhoortwunk


    Hi,
    If I am taking no income from the company for 2015, do I still need form 11? My non-PAYE income doesnt exceed €3174


Advertisement