I am an employee. In what circumstances would I be required to file a Form 11 for 2017?
An individual who is a chargeable person is required to file a Form 11 for 2017. Potentially every individual is a chargeable person, however, the legislation provides that the following persons will not be regarded as a chargeable person:
(a) Those with PAYE income only (e.g. an employee whose only source of income is from his or her employment)
(b) Those with PAYE income and income from non-PAYE sources (e.g. income from a trade or profession, rental income, deposit interest, dividends, etc.) where the total non-PAYE income assessable to income tax:
While the legislation exempts the above employees from the definition of a chargeable person, the exemptions do not apply to the following individuals (i.e. the following individuals are required to file a Form 11):
Employees with assessable non-PAYE income (including income subject to DIRT) which exceeds €5,000,