Self assessment: Five triggers to be aware of that mean you have to file a tax return to the Revenue
Around this time of the year, the Revenue Commissioners usually run a major campaign to remind self-assessed taxpayers to file tax returns.
Most wage earners in this country pay their tax under PAYE. While employees have their employers to work out the amounts and collect the tax due every week and month, the self-employed are categorised as self-assessed because they must work out and pay their own tax.
If you fall into this self-assessment category, the law says you must submit returns around October time.