Course Details

This webinar is designed for accountants who advise on all manner of property transactions, where RCT is often overlooked. It will provide practical guidance on RCT including its application, its interaction with VAT and potential exclusions available. A “deep dive” into the intricacies of construction operations will be considered. Worked “real life” examples will also be discussed.

 

Janette Maxwell will cover the following topics during this webinar:

  • Who is a principal contractor and what is a relevant payment
  • Deep dive into construction operations
    • Alterations
    • Repairs
    • Maintenance
    • Routine cleaning
    • Site investigations
    • Landscaping
  • Operation of VAT reverse charge
  • Treatment of non VAT registered subcontractors and non-resident subcontractors
  • Supplies of goods or services other than construction services
  • Treatment of payments under a relevant contract 
  • Multiple, ongoing or rolling contracts
  • Mixed contracts – worked examples

 

By attending this session delegates will be able to avoid costly penalties for their clients by spotting when RCT should apply.

 

This session will be of interest to all accountants that deal with any type of property transaction.

 

Course Level: Intermediate

CPD Course Speaker

Grant Thornton

Janette Maxwell

Janette joined Grant Thornton in 2010 and is a director in the Indirect Tax team, specialising in VAT and RCT. She is a solicitor and tax advisor. Her areas of expertise include property transactions, cross border trade and vendor/purchaser due diligence as part of restructuring of businesses. Janette provides regular training to finance departments of clients and keeps them abreast of Irish and EU VAT developments.