TO FILING TAX RETURNS
criminal sanctions for: failure to make a return, making of a false return, facilitating the making of a false return, or, claiming tax credits, allowances or reliefs which are not due.
In the event of a criminal prosecution, a person convicted on indictment of an offence may be liable to a fine not exceeding €126,970 and/or to a fine of up to double the difference between the declared tax due and the tax ultimately found to be due and/or to imprisonment. You should retain all the paperwork and electronic records relating to your 2016 tax return for six years. I’M A PAYE WORKER AND HAVE RECEIVED FOR THE FIRST TIME SOME SMALL AMOUNTS OF NON-PAYE INCOME AND I WANT TO CLAIM SOME TAX RELIEFS — DO I REALLY NEED TO COMPLETE THE FORM 11? If you had a PAYE source of income and your net assessable NON-PAYE income was less than €5,000 in 2016, and this income was coded against your PAYE tax credits or fully taxed at source, you are not regarded as a self-assessed taxpayer (known as a chargeable person) for 2016 (provided your gross NON-PAYE income before expenses does not exceed €30,000).
This means that you would not need to complete the Form 11. You should instead file the shorter Form 12 (half the length of the Form 11) which allows you to report your income and claim tax credits, allowances and reliefs for 2016.
You can fill out a paper Form 12 which can be found at www.revenue.ie.
Alternatively, you can complete the eform12 — this electronic form is available through the Revenue Commissioners myaccount service — as it is much easier to complete than the paper version.
The eform 12 does not provide for returning Capital Gains Tax details. You must fill out a separate Capital Gains Tax return called the Form CG1 in this case which is also available on www.revenue.ie.