M
mpgalvin
Guest
Last year, I filed returns for 2002, a figure of X. This year, I'll be filing for 2003, a figure of Y, which is about 20 times smaller than X (2002). According to my estimates, my tax return for 2004 will be closer to X again.
For preliminary tax, my pay and file tells me that I should either send 100% of 2003 (Y), or 90% of 2004 (X). The difference between these 2 figures is several thousand euro. I would obviously prefer to pay the 2003 figure (Y), but am worried that the balance I'll be paying next year will be quite large and might attract some unwanted attention.
Any advice?
My second question is an easy one: what is the PRSI rate for 2003?
For preliminary tax, my pay and file tells me that I should either send 100% of 2003 (Y), or 90% of 2004 (X). The difference between these 2 figures is several thousand euro. I would obviously prefer to pay the 2003 figure (Y), but am worried that the balance I'll be paying next year will be quite large and might attract some unwanted attention.
Any advice?
My second question is an easy one: what is the PRSI rate for 2003?