Correct - except that you should have made a Preliminary Tax payment by 31st Oct 2006 and the balance, if any, is due by 31st Oct 2007.
The preliminary tax payment is the lower of :-
1) 90% of final liability for 2006 - obviously an estimate at 31/10/06
2) 100% of 2005 tax liability
3) 105% of 2004 tax liability but must be paid by direct debit
Thansk jpd. Previous to 2006, all my income was PAYE and deducted by my employer. 2006 was the first year I had additional income in the form of dividends. So, I was assuming I would be OK just doing my first tax return in October and making the interim 31 Jan payment now in January.
Just called the local tax office. They told me that I just need to return the CGT owed with Payslip B by Jan 31st and make the full return in October.
With regard to the income component (viz. dividends), he mentioned something about no needing to register for income tax unless they are over €3179 (which they are not). I can just put them down on Form 12 (I think) in October and pay the additional income tax. I'm still not sure now though whether I need to make an interim payment on this small (probably less than 100 euro) income tax component. Anybody any idea if an interim payment is required?