Withholding Tax Calculations • Penalties & Interest • Consequences of Non-Compliance

This course will give a clear overview of the legislation and rules relating to Professional Services Withholding Tax - PSWT. We will examine the types of payments that are subject to PSWT and those which are exempt, with a detailed look into various “professional services” that are not subject to PSWT. This course will also explore practical challenges that payers often encounter such as handling multiple supplies and expenses.

We will outline requirements for certain public bodies to file a Return of Payments to Revenue, as opposed to submitting an annual PSWT schedule of payments, and what payments must be included in this return. What will Revenue look at in the event of an audit and what are the possible repercussions? This and more will be covered in this one-day comprehensive training course.

Topics

• Overview – Importance & Objectives
• Relevant tax laws and regulations
• Compliance requirements and Reporting
• Who deducts PSWT?
• Types of professional services subject to withholding tax –examples
• Exemptions and exclusions – conditions for exemptions
• Withholding tax calculations
• Differences in rates based on residency status
• Practical examples and case studies
• Payment procedures and remittance of withholding tax
• Penalties and interest – consequences of non-compliance
• Tax Residency and its impact on withholding tax

Who Should Attend

This course will be relevant to anyone who deals with withholding tax issues on a regular basis including finance managers, payroll, accountants, credit controllers, administrators, compliance officers, tax professionals, legal departments, consultants to name just a few.

Certification

On completion of this one-day training course, you will receive your Certificate of Attendance. Please note certificates are issued at the close of the training course to participants on completion of the course.

This course may qualify for CPD points. Please check directly with your association or awarding body to see how many points they will award.

Cost

An ‘Early Bird’ discounted rate of €485 is currently available. This training course normal rate is €585. Places are limited and are allocated on a first come first served basis. PLEASE NOTE THE EARLY BIRD RATE CLOSES 3 WEEKS PRIOR TO COURSE DATE. The course cost includes all course documentation and Certificate of Attendance.