About Us New – taxreturned.ie

About us

Learn more about our award-winning service

Our success

We are committed to protecting your privacy and ensuring your data is handled with full compliance.

Under GDPR and Irish tax regulations, any financial information you provide to us is managed with strict confidentiality and robust safeguarding.

Trust us to handle your tax returns with integrity and care.

Frequently asked questions

Here’s some of the top questions we’re usually asked

How can I determine if I need to file an income tax return?

You need to file an income tax return in the following situations:

If you receive any income besides your PAYE (Pay As You Earn) income, such as income from a trade or business, rental income, being a proprietary director, or any other type of income.
If you’ve been granted SARP relief
You need to make a tax return under self-assessment if your non-PAYE income meets either of the following criteria:
- Your taxable net income (after deducting losses, capital allowances, and other reliefs) amounts to €5,000 or more in a year.
- Your total gross income reaches €30,000 or more in a year, you must file a tax return. This applies regardless of whether you owe any tax on this income e.g. when reduced by losses, capital allowances, or other tax reliefs

Does my income tax return include my PAYE income?

Yes. Income earned and taxes deducted via the PAYE system are incorporated into your income tax return along with any additional non-PAYE Income.

In effect an income tax return is a declaration of your full livelihood, therefore engaging the services of professionals such as Taxreturned.ie is recommended.

When is the tax return deadline for income earned?

The deadline for submitting and paying tax returns for self-employed earnings in a particular year is 31st October of the following year.

Example: for income earned in 2024 the tax return deadline is 31st October 2025.

For tax-payers who pay and file through the ROS system an extended deadline is usually announced during the tax year.

Do I need a certified accountant to complete my income tax return?

There is no obligation to use a certified accountant to complete your income tax return, though our system automatically submits this for you.

Which tax form do I need for submitting my income tax returns?

PAYE workers need to submit a Form 12, unless the non-PAYE income exceeds €5,000. In that situation, you must register for the Self Assessment Income Tax system along with submitting Income Tax Form 11.

Do I need to file a return if I did not make any profit?

Yes — you are obliged to file a self-assessed return every year by the deadline of 31st October, even if you did not make any profit.

What is Preliminary Tax and what happens if I don’t pay it on time?

Preliminary tax is your estimate of income tax and related charges payable by you for the current tax year to be paid along with the previous year’s tax liability. These are both due in the same event.

In calculating your preliminary tax payment, you should ensure that it covers your liability for your Income Tax, USC & PRSI.

To calculate preliminary tax due you must choose at least one of the below:

90% of the tax due for that year
100% of the tax due for the preceding year
105% of the tax due for the pre-preceding year (this option only applies where you pay by direct debit – it does not apply if the tax due for the pre-preceding year was zero).

If you don’t pay your Preliminary Tax on time you will be charged interest for late payment of your tax.

Do I have to pay income tax on my rental income?

Yes, you must pay Income Tax and Preliminary Income Tax on any rental profit.

It is your rental profit and not the gross rents that you pay Income Tax on.

How do I get a tax clearance certificate?

Tax Clearance Certificates must be applied for through Revenue On-Line Service (ROS). The certificate will only be issued if all of your tax returns and payments are up to date. It will be cancelled at any time during the year if your tax returns and payments go behind.

If you need help email us at [email protected] and we’ll be happy to assist you.

What business expenses are allowable for my tax return?

The expense must be business related and must be used wholly and exclusively for the purposes of your trade.

When is the deadline for payment of capital gains tax?

For disposals made from January 1st and November 30th, CGT payments are due by 15 December in the same tax year. Use CGT Payslip A for this payment.

For disposals from December 1st to December 31st, CGT payments are due by 31 January in the following tax year. Use CGT Payslip B for this payment.

You must record the sale of assets by completing a tax return, even if no liability arose, as Revenue are aware of the sale but are unaware of whether or not you have tax liability due.

All capital losses must be reported by completing your tax return in order to use them against future gains.

Failure to file a tax return for these payments will result in penalties even if liability is paid in full.

Slide

★★★★★

"Irfan and his team are fast, professional, reachable and on time with filings. I’m very grateful because finally I’m sure my accountant is doing a great job! If you’re looking for excellent service this company is the best solution for you."

Wellness Studio J'adore

Slide

★★★★★

"Great people and good work. I definitely recommend them, they are trust-worthy. Thanks a million to Mr. Irfan and his team

Steve Moore

Slide

★★★★★

"Makes life so easy for a small business to do the dreaded tax return. So helpful"

Colette Sexton

★★★★★

"My experience dealing with taxreturned was excellent. They handled the return very efficiently and most importantly the whole process was stress free. There was clear communication between us at every step of the process. Will surely be using their services again in the future."

H. Rahman