Course Details

This course is designed for accountants who advise on all manner of property transactions, where RCT is often overlooked. It provides 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 are also discussed.

 

Janette Maxwell covers the following topics during this course:

  • 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

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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.