Cash basis scheme is a method of preparing your self-employment accounts.
You can use cash basis, if you run a small self-employed business (sole trader or partnership) and have a turnover of £150,000 or less a year.
Category Archives: Income / Corporation Tax
IE | Income tax deadline for self-employed
Pay and file deadline for Self-employed’s Income tax (for the year 2020) is 31st October 2021.
If you file your tax return and pay tax online (through ROS – Revenue Online System), the deadline is extended till, 17th November 2021.
IE | Covid-19 government support for businesses and employees
Irish Department of Employment Affairs and Social Protection’s supports and schemes available for Employers, Employees and Self Employed persons struggling due to the COVID-19 pandemic at this time.
IE | Revenue Mobile App – RevApp
Irish Revenue recently released new mobile app for Apple and Android.
RevApp supports following online services: myAccount, ROS, Receipts tracker, MyEnquiries, Calculators and tools.
IE | How much tax is Irish sole trader paying?
Tables with income and tax deductions for single and married self-employed persons for 2016.