My daughter is under and 16 has no PAYE income in Y/e 31/12/13 but has additional income from an investment of € 2,950.
Does she have to make a tax return ? I read somewhere that additional income under
€ 3,174 is considered insignificant by the Revenue. Again I read that as she is under 16 on this amount of income she would be liable for no tax/usc/prsi.
Am I correct in all of this ?
Thanks
Does she have to make a tax return ? I read somewhere that additional income under
€ 3,174 is considered insignificant by the Revenue. Again I read that as she is under 16 on this amount of income she would be liable for no tax/usc/prsi.
Am I correct in all of this ?
Thanks