School Tour Guidelines
School Tours
The objective of an educational tour should be that it should provide a significant benefit in the educational, intellectual, cultural and social development of the maximum number of pupils in the particular grade(s) taking part in the tour and which benefit cannot be provided by in school activities alone. A tour template form should be … Continued
ROS Certificate
Revenue Audit
Revenue Guidelines
Revenue
VAT-Reverse Charge
Overview Where a board receives construction services, other than haulage for hire, it must account for VAT on such services to Revenue. The method of accounting for VAT in such cases is known as reverse charge. The charge the sub-contractor makes to a principal contractor i.e. the school, does not include VAT. Instead the school … Continued
RCT – Relevant Contracts Tax
What is Relevant Contracts Tax? Relevant Contracts Tax (RCT) is a withholding tax system that operates in the construction, forestry and meat processing sectors. Where a principal contractor in those sectors makes a “relevant payment” to a subcontractor, RCT must be operated. The rates of tax are 0%, 20% and 35%. All RCT transactions must … Continued