New figures published recently by the Revenue show that over 472,000 PAYE Income Tax Returns have been processed for 2023, an increase of almost 30% on the previous year.

Revenue said a total of €203m has already been refunded to people's bank accounts as a result of the 2023 returns filed by PAYE taxpayers so far, while a further €480m may have been overpaid during the year.

You may not necessarily need an accountant to prepare your tax return– it really depends on the complexity of your business and your financial knowledge. But one way or the other, if you’re self-employed, you’re obliged to file a return. Here are 8 practical tips to make the process as smooth as possible.