TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Public Body VAT registration as a principal contractor

The Tax and Duty Manual on The VAT Treatment of the procurement of certain Goods and Services by a Public Body has been updated for implications arising from the requirement to apply the reverse charge mechanism to received construction services.

Paragraph 2 of the Tax and Duty Manual details that where a public body registers for VAT, solely because it is required to account for VAT as a principal contractor of reverse charge construction services supplied by a sub-contractor, that public body will not be considered to be a VAT registered person for any other purpose.

See eBrief No. 066/21 for further details.