Professional Services Withholding Tax (PSWT)
Who deducts PSWT?
Generally PSWT is deducted by state and semi-state bodies. These are known as accountable persons and include:
- government departments
- local authorities
- Health Service Executive (HSE)
- authorised health insurers
- commercial and non-commercial semi-state bodies
- any subsidiary of the above or a body funded by any of the above.
Next: What are professional services?