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A question about tax rates

  • 30-12-2017 11:49am
    #1
    declanfenton
    Registered Users, Registered Users 2 Posts: 2 ✭


    I may be getting into affiliate marketing on the internet soon.
    It is non PAYE income, so my question is what % of tax will I owe on it?
    I haven't really been able to find a straight answer to this by searching other websites


Comments

  • #2
    Lockedout2
    Registered Users, Registered Users 2 Posts: 402 ✭✭Lockedout2


    There is no fixed % as it depends on how much your profit is.

    Slot in the profit you think you will make into:
    http://services.deloitte.ie/tc/

    That will give you the answer.


  • #3
    Mrs OBumble
    Registered Users, Registered Users 2 Posts: 26,288 ✭✭✭✭Mrs OBumble


    Lockedout2 wrote: »
    There is no fixed % as it depends on how much your profit is.

    Slot in the profit you think you will make into:
    http://services.deloitte.ie/tc/

    That will give you the answer.

    It also depends on how much other income you have: it will be at least the marginal tax rate you are currently paying, and possibly the higher rate if your affiliate income takes you over the threshold for that.

    You need to put ALL your PAYE income and your self-employment profit into the Deloitte site to get the correct answer.


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