The form for the submission for tax purposes of part-time, self-employed individuals has been amended by virtue of Legal Notice 186 of 2014 [Part-Time (Forms of Self-Employed) (Amendment) Rules, 2014], therefore replacing the previous form in toto.
In addition to the new form, the Legal Notice also caters for the deadline of the form submission to be not later than the 30th of June of the year following the year of assessment (January to December), therefore for the current year, the deadline is 30th June 2014 for the period January to December 2013.
It is important to note that the ceiling for part-time self-employed income to be taxed at the part time rate of 15% has been increased to €12,000 from €10,000.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
