Form P50

mrcheez · 2015-05-07 12:00:07

I'm planning on moving from PAYE into contracting (self-employed) with a few months break between. As I've worked as a PAYE for the first few months this year am I correct that I should send in the P50 to claim back tax (after 8 weeks have passed)? Is there any point in sending in the P50 if I should decide to get a PAYE…

07-05-2015 01:00PM

#1

mrcheez

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I'm planning on moving from PAYE into contracting (self-employed) with a few months break between.

As I've worked as a PAYE for the first few months this year am I correct that I should send in the P50 to claim back tax (after 8 weeks have passed)?

Is there any point in sending in the P50 if I should decide to get a PAYE job instead if the contracting search doesn't prove fruitful?

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#2 07-05-2015 01:14PM

mrcheez

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Join Date: October 2012

Posts: 14084

Or is P50 only of use if one remains unemployed the rest of the year?

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#3 15-05-2015 07:10PM

mrcheez

Registered Users, Registered Users 2 Posts: 14,878 ✭✭✭✭

Join Date: October 2012

Posts: 14084

Anyone? Does sending in the P50 (with P45) mean I will be on emergency tax if I decide to go back to PAYE rather than self-employed?

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