Revenue wants to tax workers in the gig economy as soon as they are paid, with the online platforms that hire them docking taxes each time a job is completed.
This would ensure “convenience and certainty” for gig workers who often find themselves in a grey area, unsure whether they should be facing PAYE tax or an annual bill as self-employed freelancers.
The proposed reforms would improve cash flow for gig workers by allowing them to pay tax “in a phased manner in line with when earnings actually arise”, Revenue said, rather than in an annual payment due every November.
“Revenue’s vision is that these taxpayers could be taxed on a pay-as-you-go basis, with net liabilities being calculated on a real-time basis when services are
from Hire Freelancers – My Blog https://www.techyrack.com/syndication/2022/05/15/gig-workers-face-tax-at-source-on-jobs-the-times/
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