Paye and self employed

flatbroke

Registered User
Messages
12
Hi

I am currently an paye worker. I have the chance of some extra work but this would be done as a self employed and I would like to keep everything above board . Is it possible to be both paye and self-employed ?

Thanks for your help on this
 
Yes it is. You need to register with Revenue Form TR1, no need for VAT unless your turnover over €37,500.

You pay for the current year in Oct, and file the tax return in Oct of the following year. There is an extra year on start up.
 
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