Tax details unnecessary?

tony glenn

I'm retired and no longer in the tax net. I've been offered a small part-time job, the income will still leave me well under my tax-free allowance. My question is: My employer will be noting my details in his end of year accounts, will the Revenue start a file for me, and involve me in a paper trail, or will they 'dismiss' the information as I don't exist in the system anymore?

Allinall

tony glenn wrote: »

I'm retired and no longer in the tax net. I've been offered a small part-time job, the income will still leave me well under my tax-free allowance. My question is: My employer will be noting my details in his end of year accounts, will the Revenue start a file for me, and involve me in a paper trail, or will they 'dismiss' the information as I don't exist in the system anymore?

There's really no such thing as being "not in the tax net".

Once you are under the threshold for paying tax, then you have nothing to worry about , but all income has to be declared.

tony glenn

Allinall wrote: »

There's really no such thing as being "not in the tax net".

Once you are under the threshold for paying tax, then you have nothing to worry about , but all income has to be declared.

So do I declare the income, or will my employer's declaration suffice?

Allinall

tony glenn wrote: »

So do I declare the income, or will my employer's declaration suffice?

If you are on your employers PAYE system , then that's enough. Your employer will return details of your pay, and revenue will be aware of it.

Geuze

Please note that of course the CSP is taxable.

So if your wages + CSP are > 16,500, then you may have an income tax bill.

Also note that people over 65 have age-based income tax exemptions, 18k/36k.

allthedoyles

Once your circumstances change so do your entitlements . Declare all income including your medical card if you have one .