HOW TO REGISTER A BUSINESS FOR TAX IN IRELAND (TR2) – CORPORATION TAX, BARREL, PAY & RCT
https://www.youtu be.com/watch?v=Va1gerNbvMc
In this video I go action by action through the TR2 kind that restricted business in Ireland require to finish in order to sign up for tax (corporation tax, BARREL, PAYE and RCT). If you have any concerns on what I covered please drop a remark and I will return to you. Here is the link for the TR2 Type https://www.revenue.ie/en/self-assessment-and-self-employment/documents/form-tr2.pdf Thank for enjoying I hope you discovered the video beneficial. Like and register for maintain to date with all my videos. You might likewise have an interest in a guide to what you require to do in the very first 6 months of establishing a business in Ireland https://www.youtube.com/watch?v=TtqsKkaVUmE&t=4s This video is for instructional functions just. ________________________________________________________________________ Assistance the channel: Free stock worth as much as EUR200 on Bux No: https://ndt5.net/c/?si=16293&li=16995 Register for ETORO: https://med.etoro.com/B18985_A109931_ … ————————————————————————————————————————- Where else you can discover me: Twitter: https://twitter.com/theheadstartup Instagram: https://www.instagram.com/theheadstar Medium.com: https://medium.com/@walterdunphy1990 Etoro: https://www.etoro.com/people/walterd90
Thanks for the informative video
Any chance you could make one on the pros and cons of being VAT registered? Thanks.
Thanks for watching, yeah I can do definitely
This video doesn’t apply to registering as a sole trader and vat?
Just as a limited company?
This is for a limited company yeah. The form for a sole trader is a TR1
A video for the online book keeping would be good. Free and paid. Thanks for a good video
Thanks yeah that is one on my list I’d like to do
hi just wondering if you know, is there a way to see limited companies accounts on the cro? I’m trying to research a company and want to see their financial statements for investing purposes
Yeah you can find them on the CRO or search for less. If you send me an email I’ll be able to get them for you for free. [email protected]
Hi, thank you for your help. What if the ltd is registered in the UK and works in construction industry in Ireland, as a contractor and subcontractor? Many thanks.
Thanks for an informative video
A non EU company that does drop shipping in the USA
That company has restricted access to the majority of major payment gateways in Asia
That company wants me to work for them in Ireland as an agency
(In Ireland almost all payment gateways work well)
To resolve the payment gateways issues
The business model points
Principle company in Asia
Agency in Ireland
The agency’s bank account will receive all revenue from dropshipping/ecommerce
A commission of 5% will be kept by the agency and 95% will be forwarded to its principal company in Asia
My question is
Do I have to pay taxes on my 5% commission or entire revenue?
Thanks
Hey it would be just on the 5% less your expenses I believe
thanks for the video, when I have completed the form where or who do send it to
Your local revenue office
Do you have a video on how to file a tax return, set of accounts etc for a LLC? Ive been quoted 1500 by an accounting firm, which seems excessive at this stage. Cheers, Mike
Hi, thank you very much for the informative video. I have a couple of questions if you don’t mind. I am just trying to register for corporation tax at the moment.
Q1: Part A Q8: “When the business activity commence?”
I haven’t commenced trading/started doing any business as I thought I needed to register for Corp Tax before I start? So is it okay to leave this piece blank if trading/business has not commenced yet?
Q2: Part A Q12, b: “Website Address”
My anticipated online sales is 100% but I have not got my e-commerce site set up yet. Is it okay to leave this piece blank?
Looking for how to fill TR1
Great video again Walter, lots of value, it really demystifies the whole process.