ROS - Self Assessment Q

J

JimmyCorkhill

Registered User
Messages
71
Hi,

I am a PAYE worker and until recently I would not have filed an income tax return. However, for tax years 2019 & 2020 I signed up with ROS as I was getting discounts from an ESPP in work, so I was required to fill out an RTSO1 form and file a Form 11.

I have since left the job and no longer would be receiving any sort of share discounts etc. I notice from my profile on ROS - I am required to file & pay a tax return for 2021.

My question is, do I still need to file a tax return via ROS if I no longer get the share discounts? Can I not file an income tax return via myaccount now instead?

The only other income I would have would be some DIRT interest and the only other items I previously submitted on my form 11 was items around any medical expenses and claims from VHI.

Thank you
 
JimmyCorkhill said:
Hi,

I am a PAYE worker and until recently I would not have filed an income tax return. However, for tax years 2019 & 2020 I signed up with ROS as I was getting discounts from an ESPP in work, so I was required to fill out an RTSO1 form and file a Form 11.

I have since left the job and no longer would be receiving any sort of share discounts etc. I notice from my profile on ROS - I am required to file & pay a tax return for 2021.

My question is, do I still need to file a tax return via ROS if I no longer get the share discounts? Can I not file an income tax return via myaccount now instead?

The only other income I would have would be some DIRT interest and the only other items I previously submitted on my form 11 was items around any medical expenses and claims from VHI.

Thank you
Click to expand...
If you did not exercise shares in 2021 and you had no other income that would make you a chargeable person, then you need to cease your income tax registration back to the end of 2020. You'll then be able to file via MyAccount. You need to complete a from TRCN1 to cancel your Income Tax registration.
 
Thank you both.

Is there anything stopping me filing through ROS for 2021? And deregistering after so I can file via myaccount for 2022?
 
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