13 Jan
Tax Return Service
Filing tax returns can be complicated and stressful in Ireland, especially when other paperwork begins to pile up and deadlines grow closer. The many steps you need to take to calculate your taxes and file them may also be confusing. Our tax return service makes sure to relieve your burdens and worries about filing taxes. We have helped thousands of people with their tax returns and have competitive pricing for our service.
You need to file a tax return if:
- You are self-employed or if you are in a partnership
- You are a company director
- You have rental property income
- You have large savings or investment income
- You bought, received, or sold shares
- You own land or property
- You have overseas income
- You have sold or given away an asset
As a sole trader, you need to have a Personal Public Service Number (PPSN) before you can register for taxes and make tax returns. You also need to use self-assessment to calculate your Income Tax (IT). Your income tax is calculated on a cumulative basis, which means that all income and tax credits from last January are pooled together to ensure that you pay the correct amount.
Revenue recommends that you file your tax returns using the Revenue Online Service (ROS) and that you fill out their Form 11.
Despite offering forms and services to help file taxes, the Revenue Commissioner staff do not give advice on how to organize affairs or minimize your taxes. You are expected to know the taxes that you must pay or register for. Consult a professional agent to make sure that you are paying the right tax amount.
TaxAssist Accountants use Revenue approved software to:
- Complete your tax return
- Calculate your tax liability
- File the return online
- Give you the amount to pay and tell you when it is due
We can also analyze your self-assessment tax return to see if you can make tax savings and to find errors to fix before we submit your return. This will minimize the risk of Revenue inquiring about your tax affairs and reduce the risk of getting a penalty.
If you have cashflow problems, then we can help you defer tax payments or negotiate payment plans with Revenue. Please see our cashflow service if you want professional help and accurate calculations on how to improve cash and what steps and tips to follow.