Completing Form TR1
OK. I hear you. Forms are nightmares. They ask for so much information. What do you put in those boxes? What if there isn’t enough space in the boxes? Don’t Panic. Form TR1 looks complicated. But really, Form TR1 is EASY.
I am a Sole Trader, who doesn’t have any employee’s. My turnover being lower than the relevant threshold, I didn’t need to register for VAT on Form TR1. So, this is how I completed Form TR1.
Firstly, you need to download form TR1, and print it out. The form is four pages. You know the saying, ‘If it ain’t broke, don’t fix it’. Hopefully, the Irish Revenue Office won’t change form TR1, but if they do, please let me know.
Part A – General Details
Section A1 – Individuals
(otherwise known as Sole Traders)
1. Forename: Joseph – name as it appears in your passport
2. Surname: Bloggs – name as it appears in your passport
3: Gender: [ ] male [ ] female. – This is an easy one. You know your sex. – it should also appear in your passport 😉
4. Nationality: (British Citizen? / French? / German? – put your EEA Nationality here – You guessed it: As it appears in your passport).
5. Date of Birth: 01 01 1991 – Your DOB, as it appears in passport.
6. Private Address: – This is your postal address to your home. IE: 31. West St, Stamullen, Co. Meath. If you don’t have enough space, don’t panic, just write it down clearly!
7. PPSN: – This is like your NINo, but from Ireland. You will need to register for your PPSN. If you have registered, you could put “* Applied for“. I’d personally recommend waiting for the confirmation letter.
8. Phone No. Email. – Put your Irish mobile / landline number, and your email address (use your branded business email if possible).
9. Garda National Immigration Bureau Number (GNIB): – This is for non-EU’s. EU citizens leave this blank. (If you are non-EU, but don’t yet have a GNIB number then also leave blank – However, It’s best to note “Family of EEA National” in 4. Nationality next to your nationality.).
10. Stamp number: – EU: Blank. Non-EU: 4
11. Civil Status: – You know this one. Most of us (for our spouses) will be “Married” (I know some single people are Singhing for their parents though 🙂 )
12. If married or in Civil Partnership…. Name: [ Helen Bloggs ] PPSN [ 123456AA ] or if PPSN unknown (* Recommended to wait, but some people start work before spouse arrive in Ireland) Pre-marriage / Civil Partnership Name [ Smith ] Date of Birth [ 01 01 1991 ] – Put your spouses details as they appear in their passport.
13 – I recommend that you do NOT tick this, unless fluent in Irish 😉
Section A2 – Partnerships ….
This only matters for partnerships etc. This focuses on a self employed sole trader. Ignore this section of form TR1
Section A3 – Business Details
(18) – This is irrelevant for most – just ignore it…
Section A4 – Business Details
19. Put the business name you have registered through CRO. or put your own name.
20. Legal Format: Tick Sole Trader
21. Business Address. The business address also includes your Phone number (Landline), Website URL (IE: http://Surinder-Singh-Route.info/) Mobile phone number, and email address (use your business address ([email protected]). Be sure to put either a mobile, or landline number.
22. Type of business. (a) Chose the best. My own was “Service and Other.” being web development / photography.]
AND (b) Describe the business. IE: “Market Stall Trader of Jewellery”.
23. Plastic bags. I recommend you don’t supply plastic carriers. Big tax implications. You can source paper carriers easily enough.
24. When did your activity commence? For most of us, this is the day we enter Ireland. For others, it may be the day we leave a previous job. You will know best.
25. To what date will your accounts be made up? – The irish tax system runs to the end of the calendar year (31st December) unlike the UK system. I recommend sticking to that. (So in 2015, your accounts will be made up until 31/12/2015) etc.
26. Expected turn over in next twelve months? … well, you know what that’ll be. Just be mindful of VAT registration thresholds.
27. Adviser details – I didn’t have a tax adviser so I left blank… Others have. You’ll know their details if you have an adviser (also known as an accountant – who charges you a fee to complete your tax return).
28. If correspondence…. – If you’ve got an accountant, and completed their details in 27, which sections of tax are they dealing with for you. I left blank.
29. Business premesis. Details of where you rent your business premesis from, and how much rent you pay etc. I didn’t have premesis (traded from home), so I left blank.
30. If you acquired... – If you took the business over, who was the previous owner. Most of us will leave this blank, as we’ll be new start ups.
Part B – Registration for Income Tax (non-PAYE)
31. Tick the box – as you are registering for income tax.
32. Tick the relevant box (most of us tick “Trade”) as the income is from our professional services (aka our Trade).
33. I didn’t have a bank account at the time of submitting, So I left this blank.
Part C – Registration for VAT
34. – 39. I left blank.
Part D – Registration as an Employer for PAYE/PRSI
I didn’t complete, as I didn’t employ anybody. The same will be true for most people. NOTE: People who provide a service to you as a self employed person (IE: A web developer doing your website) is not your employee 🙂 – They would be registered for tax as a self employed person themselves.
Part E – Registration for Relevant Contracts Tax
Again, I left this blank. …
Name: [ Joseph Bloggs ]
Capacity: [ Individual ]
Date: [ 01 / 01 / 2015 ] – The day you are signing the form.
Completed Form TR1
So, you’ve completed Form TR1. Well done. Now what’s left? You can take the form to your local revenue office (or post it there). Don’t forget to keep a copy for your records.