M
My only concern is that I have received a modest dividend on some shares for the past few years. Dividend witholding tax at 20 % was deducted. Should I have been liable for further tax ? I pay tax at the higher rate.
You can go back 4 years without too much hassle but they are getting sticky re making returns on time. I did 4 last October, 3 of which were late.
3 penalties of euro 1,250 odd for each year were levied.
Hi all. RE: FORM 12.... I'm after ringing Revenue and was told that people are selected randomly to receive Form 12 and its basically to see if what they have on their system is same as one is going to send in to them.
I usually do this in the ROS system - I havent got around to it yet so far this year.
I assumed they send them out if X months pass any you have not submitted.
Should I do it online and bin the paper version?
Do both?
Or just the paper version.
Maybe I will call them - Paper version seems quite daunting!
Yes u should have returned it, as well as told them when u acquired the shares if u have made a return.
You can go back 4 years without too much hassle
If you have things you need to declare that you can't do using PAYE Anytime, then you may need to fill in the Form 12, BUT YOU ABSOLUTELY SHOULD NOT DO IT ONLINE AND SUBMIT THE PAPER FORM - it wouldn't cause the universe to implode but you'd confuse the hell out of someone, and it'd be a monumental waste of your own time...
Perhaps things have changed since PAYE anytime went live but certainly a few years back if a taxpayer who had an outstanding Form 12 made a request for a balancing statement that request would be refused until the Form 12 was submitted.
Basically, if you are issued a Form 12 which has your name and PPSN pre-printed then it will be on Revenue's system that you have been required to submit a return for that period and there can be consequences for failure to do so.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?