Although the 31st October may seem a long way away currently the financial landscape post covid has still to be determined. One think for sure Revenue will need to claw back some of the funds they gave out to stop the country from falling off a financial cliff.

As the company director you will need to complete a self-assessment unless you take all your remuneration as an employee under PAYE

Missing this deadline has serious implications that with a bit of planning can be easily avoided.

Avoid the rush

We recommend to our clients to prepare in advance & calculate the liability & not leave the return to the last minute. Register with ROS well in advance.

When is the year 2019 income tax liability due

Before the 31st October 2020 unless they extend this due to Covid.

https://www.revenue.ie/en/online-services/services/common/file-an-income-tax-return.aspx

Feel free to contact us at contact@peakaccountingsolutions.ie

#Payroll #PAYE #Form11 #LimitedCompanyAccounts #Bookkeeping #Revenue #peak# #Fines

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