Revenue focus on Construction Sector tax compliance

With the upturn in the construction sector, Revenue have increased their focus on the sector to ensure compliance in a number of areas as follows:

  • The correct operation of the Reverse Charge basis of VAT between Principal & Subcontractors.
  • The correct operation of RCT.
  • The correct operation of PAYE/PRSI.
  • Ensuring employees are not misclassified as subcontractors.

This increased focus by Revenue will be carried out by means of additional aspect queries, profile interviews, audits and site visits.

If you have any concerns in this area and wish to discuss it further please contact Jon Byrne or Rachel Chambers.