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How to Do Your Income Tax Return

8 min read January 2024

Completing your income tax return doesn't have to be daunting. This practical guide breaks down the process into manageable steps with everything you need to know.

1-2 hrs

Time needed

8 Steps

To complete

31 Oct

Paper deadline

6 Years

Keep records

Before You Start

Preparation is key to a smooth tax return experience. Before you begin, make sure you have everything ready.

  • Determine which form you need (Form 11 or Form 12)
  • Gather all relevant documents
  • Set aside 1-2 hours of uninterrupted time
  • Ensure you have access to ROS or myAccount

Documents Checklist

Everyone Needs

  • PPS number
  • Employment details summary or P60
  • Details of other income (bank interest, dividends)
  • Medical expense receipts (if claiming)

Self-Employed Also Need

  • Business accounts or records
  • List of business expenses
  • Details of any business assets purchased
  • Previous year's tax return (for reference)

Landlords Also Need

  • Rental income records
  • Mortgage interest certificates
  • Receipts for allowable expenses
  • Details of any rent-a-room income

Step-by-Step Guide

1

Log In to Your Account

Access the appropriate Revenue system for your situation.

Form 11 (Self-Assessed): ROS at ros.ieForm 12 (PAYE): myAccount at revenue.ie
2

Check Pre-Populated Information

Revenue pre-fills some information from employers and financial institutions. Review this carefully - it's not always complete or accurate.

3

Enter All Income

Report all income sources accurately.

Schedule E: Employment incomeSchedule D: Self-employment, rental, investmentSchedule F: DividendsForeign: Any overseas income
4

Claim Your Deductions

Enter all allowable deductions to reduce your taxable income.

Pensions: Pension contributionsBusiness: Expenses if self-employedProperty: Rental expenses if applicable
5

Apply Tax Credits

Ensure all applicable credits are claimed.

Personal: Personal tax creditPAYE/Earned: Income creditMedical: Expenses credit
6

Review the Calculation

The system calculates your liability. Check all income is included, credits applied, and numbers look reasonable.

7

Submit Your Return

Once satisfied, submit your return. Save or print the confirmation for your records.

8

Pay Any Tax Due

If you owe tax, pay through ROS. Self-employed taxpayers also pay preliminary tax for the current year.

Pro Tip: Save as You Go

Both ROS and myAccount allow you to save your progress. Don't feel you need to complete everything in one sitting - save regularly and come back if needed.

Common Questions

Can I amend my return after filing?

Yes, you can amend returns within 4 years of the filing deadline. Use the "amend return" function in ROS or myAccount.

What if I can't pay the tax due?

Contact Revenue to discuss payment arrangements. It's better to file on time and arrange payment than to delay filing.

How long should I keep records?

Keep all records for 6 years from the end of the tax year they relate to.

Don't Miss the Deadline

Paper returns must be filed by 31 October. Online (ROS) filers get an extension to mid-November. Late filing results in surcharges of 5-10% of tax due plus interest.

Need Professional Help?

Our accountants can complete your tax return for you, ensuring accuracy and maximising your position.

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