The construction industry is one that has seen a number of changes being made over recent years. Companies and sole traders in the construction sector are now more than ever conscious of costs and keeping control of these. We can help by completing the following on your behalf:
Contractors operating in the building sector are carrying on taxable activities and are obliged to register for VAT if their annual turnover exceeds (or is likely to exceed) the figure specified in the VAT Acts.
Where contractors (principals or subcontractors) have employees, they must register for and operate PAYE/PRSI for those employees.