In addition to the RCT amount, a penalty up to €5,000, may also be payable in certain circumstances. Many businesses pay other businesses for construction work, but are themselves paid by other businesses too. It is always relationship between self-employed persons and companies in various combinations (self-employed vs. self-employed, self-employed vs. company or company vs. company).Relevant Operations are in three categories: construction, forestry and meat processing.RCT does not apply to professionals such as architects, surveyors etc.There are special rules for payments made by Principal to Sub-Contractor.RCT applies to both resident and non-resident contractors.Principal needs to deduct tax at the rate of 0%, 20% or 35% from payments to Sub-Contractor. Correctly identifying sub-contractors within your business can be complex, but because there are different risks of both labour-only and bona-fide subcontractors, it is vital to get it right. RCT only applies to payments made by a principal contractor to a subcontractor under a relevant contract (this is a contract to carry out, or supply labour for the performance of relevant operations in the construction, forestry or meat processing industry). Download here The rates of tax are 0%, 20% and 35%.

We can deliver training sessions on the practical operation of RCT, including its interaction with VAT. For example, it will be possible to view all transactions on the sub-contractor’s RCT account online, benefit from 24/7 self service options, view the RCT rate and request a RCT rate review.Sub-contractors must give sufficient information to Principals to help them to make the online contract notification to Revenue.Where a Principal deducts RCT tax, Revenue will treat sub-contractor as having paid the tax to Revenue. These cookies do not store any personal information.Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. RCT applies to payments made by a principal contractor to a subcontractor under a relevant contract (this is a contract to carry out, or supply labour for the performance of relevant operations in the construction, forestry or meat processing industry). Download our analysis here During the Contract Notification process on ROS, the principal will be asked the following question:Before answering this question, the principal contractor must already have satisfied themselves that the contract is not a contract of employment in accordance with the Code of Practice for Determining Employment or Self-Employment Status of Individuals.To summarise, where the principal has considered the criteria in the Code of Practice for Determining Employment or Self-Employment Status of Individuals and concluded that the contract is not a contract of employment, further information must be provided to the Revenue Commissioners if the contract is a labour only contract as outlined above.We use cookies to ensure that we give you the best experience on our website. It applies to subcontractors involved in … RCT is a withholding tax regime which applies to certain payments mainly within the energy, telecoms, construction, forestry and meat processing sectors. What is a labour only contract? We take a professional, dynamic approach that can make a real difference to you and your business.We take a professional, dynamic approach that can make a real difference to you and your business.RCT is a withholding tax mechanism which applies to certain payments mainly within construction, forestry and meat processing operations.RCT applies to payments made by a principal contractor to a subcontractor under a relevant contract (this is a contract to carry out, or supply labour for the performance of relevant operations in the construction, forestry or meat processing industry). Any excess may only be refunded after the income/corporate tax return for the chargeable period has been filed and paid.At Roberts Nathan, we can advise on whether RCT applies to you along with advising and assisting both Principals and subcontractors with all aspects of RCT including compliance and processes required. Please see DTTL and Deloitte NSE LLP do not provide services to clients. When they are working as a Principal, they must follow the rules for Principals and when they are working as a Sub-Contractor, they must follow the rules for sub-contractors.Relevant Contract is an agreement between Principal and Sub-Contractor, that the Sub-Contractor will deliver (or carry out) “Relevant Operations”.

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