Hi all
I'd appreciated if anyone could give me advise or at least tell me where I should be looking for the right information.
I've recently finished a full time job. I am now working part time, and have commenced as a sole trader contractor too but am a bit clueless about the whole tax issue.
I've registered as a sole trader with revenue. My questions are about how I am now taxed as I am a PRSI employee but also a sole trader - do I need to do anything special or can I just carry on? I am also unclear about charging VAT - the revenue site has plenty of advice on how to file tax returns by 31st October but do I just put 13% on my invoices to ensure I am covered? And is it that 13% that I pay to the revenue?
Would really appreciate any advice on this.