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  • 17-08-2016 10:01PM
    #1
    Chesty08
    Registered Users, Registered Users 2 Posts: 6,083 ✭✭✭


    Sorry new to this and a complete novice. What does one need to do to declare tax for the year.

    I am registered on ROS online. What files / forms do I need to submit?

    Thanks


Comments

  • #2
    Steve
    Registered Users, Registered Users 2 Posts: 22,575 ✭✭✭✭Steve


    Same boat, interested in knowing this.

    Are you VAT registered?


  • #3
    Stheno
    Moderators, Business & Finance Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 51,685 Mod ✭✭✭✭Stheno


    You need to do a preliminary tax return for this year if it's your first by October, then the actual return next year in October.


  • #4
    Chesty08
    Registered Users, Registered Users 2 Posts: 6,083 ✭✭✭Chesty08


    Sorry for being a novice on this.

    I am registered on ROS. Do I just make an income tax payment? How do I know how much to send prelim? Do I need to fill in a file?


  • #5
    relax carry on
    Registered Users, Registered Users 2 Posts: 4,182 ✭✭✭relax carry on


    Chesty08 wrote: »
    Sorry for being a novice on this.

    I am registered on ROS. Do I just make an income tax payment? How do I know how much to send prelim? Do I need to fill in a file?

    When did you start trading and have you been keeping accounts?


  • #6
    Chesty08
    Registered Users, Registered Users 2 Posts: 6,083 ✭✭✭Chesty08


    relax carry on wrote: »
    Chesty08 wrote: »
    Sorry for being a novice on this.

    I am registered on ROS. Do I just make an income tax payment? How do I know how much to send prelim? Do I need to fill in a file?

    When did you start trading and have you been keeping accounts?


    Last October. Yes


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  • #7
    Stheno
    Moderators, Business & Finance Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 51,685 Mod ✭✭✭✭Stheno


    Chesty08 wrote: »
    Last October. Yes

    Then you've to file a full return for last year and a preliminary one for this year in October.

    It might be worth your while seeking the help of an accouuntant


  • #8
    exaisle
    Registered Users, Registered Users 2 Posts: 2,673 ✭✭✭exaisle


    Stheno wrote: »

    It might be worth your while seeking the help of an accountant

    This is the best advice you'll get here. Don't try and do it yourself. Chances are, you'll make a b@££$ of it and you'll have to get an accountant to sort it out eventually, costing you more money in the long run...


  • #9
    Chesty08
    Registered Users, Registered Users 2 Posts: 6,083 ✭✭✭Chesty08


    Thanks guys will do that!


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