Saw a copy of a letter from an inspector of taxes warning PAYE employees in the education sector re undeclared income.
It mentioned something about the need to declare such income in excess of c.€3100 (can't remember exact number) on the basis that the €3100 would be "coded against PAYE income" (again I can't remember the exact form of words).
What does this mean? Can the taxpayers involved earn as much as that from non-PAYE sources and really have no tax liability? It seems extraordinarily high. And remarkably unjust. Why?
It mentioned something about the need to declare such income in excess of c.€3100 (can't remember exact number) on the basis that the €3100 would be "coded against PAYE income" (again I can't remember the exact form of words).
What does this mean? Can the taxpayers involved earn as much as that from non-PAYE sources and really have no tax liability? It seems extraordinarily high. And remarkably unjust. Why?