Income Tax Part-Time Self-Employed

Overview

A self-employed individual who works part-time is taxed at a fixed rate of 10%. This tax is final, therefore the income derived from part-time work need not be declared in the annual income tax return because it is not subject to further tax. It is applicable up to a maximum net profit of €12,000 per annum.

What you'll get

The benefit of not having your part-time work from self-employment being added up to your main full-time employment income and thus being taxed at a normally higher tax rate than 10%.

Eligibility

In order to qualify one must be employed full-time, be a pensioner or a full-time student/apprentice. One also has to satisfy the following conditions:
i) Have registered the part-time work with Jobsplus.
ii) Do not engage more than 2 employees (and such employees shall be on a part-time basis) in your part-time activity.
iii) Must keep proper books of accounts.
iv) Perform such work for a company, organisation, enterprise or entity other than that with which you are employed on full-time basis.
v) Have to be registered for VAT (if you are obliged to register for VAT).
vi) Must pay the tax due using form TA22 by 30 April of the following year.

How to apply

Fill in the online form and submit.
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