I am a PAYE worker who earns a little extra each year which I have been declaring using MyAccount up until now.
I'm looking over my 2019 income and realised I got a payment in between Christmas and New Year 2019 which has pushed me over the €5000 threshold. I was sure this arrived in January but obviously not.
From what I can see, I have to fill in a Form 11 online or on paper? When I went to look this up it says I also have to pay preliminary tax for this year, but I don't think I could stretch to the 90% they say I should pay, or 100% of 2019 tax.
I have two questions:
Is the preliminary tax only for self employed? If not, crap.
When I got to file online it's telling me I need to register for ROS and asks me when the business started. Do I have to fill this in or just keep going as a private person?
Thank you for any help!