First time self-employed - Income Tax

Nemama

Registered User
Messages
74
Hi all,

I've been sole-trader since Jan 2019 and I got an income of 5200 € (I know, not much... it was a though year).

Will I need to pay 500€ tax or 4% of what I generated?

Thanks
 
Is that profit of 5.2k ?
Because you only pay the 500 minimum prsi if your income is above 5k.
On a separate note,are you on track to make a wage this year?
 
5.2k income tax without counting expenses.

I've got a job this year but had to stop due to Covid in February. Yes, I expect to make a wage this year...

So... I'm going to pay 500, right?
 
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