If someone could offer me some expertise on these one or two questions for me thanks.
I registered as a sole trader in september 09'....
My Net income for Sep to Dec 09 is E-380
Obviously I don't have a tax liability for 2009' but I understand that because I have earned less then 3.1k for the year 2009' I don't have a PRSI liability either for 2009'?
My earnings for 2010 were not good at all. I have literally earned 700 odd euro profit from January 2010 to current. I am on the Back to work enterprise allowance and have been heavily relying on this as a source of income.
Do I have to fill in any details on the form 11E about a preliminary assement as I have nil tax liability from 2009 to base it on? Where on the form would I enter figures for preliminary tax if I must do so?
Thank You for any advice as I am trying to get this form 11 sent off this week.
You should have got a notice to file your preliminary tax and tax due for 2009 in the post
This is a seperate form nothing to do with 11E
As your liability for 2009 is nil and you expect 2010 to be the same you won't have to pay anything