Preliminary Tax

J

josden

Guest
Hi just wondering would I be liable to pay any preliminary tax for 2010 before 31 oct this year.
Gross profit so far this year is just under €3000 last year gross profit was
just under €2000.

Thanks

JO
 
Last edited by a moderator:
PRSI would be €253 for the min contribution, however at that Income level its voluntary.
 
You have to pay either 100% of the tax you paid last year or 90% of your expected liability for this year. If you paid 20% of €2000 in tax last year, then that should be your prelim tax.