As a self-employed individual in Ireland, understanding preliminary tax is crucial. This tax is an estimate of the amount you'll owe for the current trading year, covering income tax, Pay Related Social Insurance (PRSI), and Universal Social Charge (USC).

For self-employed individuals in Ireland, the clock is ticking on their annual self-assessment tax return. With the official deadline of October 31st, 2024 looming, understanding the process and navigating the complexities can feel overwhelming.