Sole Trader 1st Tax Return & Payment

J

Jazzmaster

Guest
Hi All,

I wonder can i get a definitive answer on this query. I have contacted the Revenue themselves about this and I am getting conflicting information!

I set up a business (sole trader) in 2007. I did not trade at all in 2008.

The Revenue have told me that I need not file a return until next year (2009) which i believe is correct. However, one person told me that I do not need to pay the Tax due on foot of that return until next year either. Another person in the Revenue suggested that i might have to pay the 2007 preliminary tax by tomorrow.

Does anyone have a definite answer for me? Any assistance would be hugely appreciated.

Thanks.

M