Witholding Tax

hoff1

I have an interview next week and one of the questions I think I will be asked will be about withholdig tax guidelines ............. I know nothing about it and just wondering can anyone help me out. Thanks

mari2222

There are a few types: for example, Professional Services Witholding Tax must be deducted from payments for prof.services by certain public-funded entities - leaflet on www.revenue.ie as is leaflet on tax withheld for certain sectors - especially construction- and other leaflets. Good luck in interview

Mr. Incognito

What type of withholding tax?

There are a lot.

Professional services withholding tax- which is a bit complicated.
Withholding tax on income from companies
DIRT (which is a withholding tax)

Then there are miscellanous ones like renters being oblidged to withhold tax on rent paid to non resident landlords

As mentioned go to www.revenue.ie and put in withholding tax and read the leaflets

hoff1

professional services witholding tax - all i need is a brief explaination

Mr. Incognito

Here you go

http://www.revenue.ie/en/tax/pswt/leaflets/index.html

I've also added it to the Revenue Briefings and Guides in the stickies