My background is I am a PAYE employee (dayjob) 28,000 pa, I also started earning money as a handyman at weekends on Jan 1st 2006, the amount I receive from my customers is very minor about 125 per week, and of that materials make up say 25, this makes me a sole trader, I invoice my customers under my own name (so I don't need to register a business name with the CRO), and I don't want to charge VAT (so I don't need to register for VAT with the Revenue).
At the moment, from reading the forums, it looks like I just need to submit a "Form 12" to the Revenue before Oct 31st 2007, and on that on page 4 fill in the "Income from a Trade of Profession" section, or maybe even the more vague "Fees, Commissions, etc. not included elsewhere" on page 5.
However there is mention of a form TR1 on these forums, do I HAVE to send that to the Revenue also?
At the moment, from reading the forums, it looks like I just need to submit a "Form 12" to the Revenue before Oct 31st 2007, and on that on page 4 fill in the "Income from a Trade of Profession" section, or maybe even the more vague "Fees, Commissions, etc. not included elsewhere" on page 5.
However there is mention of a form TR1 on these forums, do I HAVE to send that to the Revenue also?
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