What Is RCT? Relevant Contracts Tax Explained

What Relevant Contracts Tax (“RCT”) Relevant Contracts Tax (RCT) is a withholding tax which the Revenue Commissioners requires Principals operating in the construction sector, to withhold from a sub-contractor engaged in a contract to carry out works on their behalf. Relevant contracts also apply in forestry and meat processing but for the purpose of this ...

Revenue Not Happy With The Builders Again

It seems Revenue are not happy with the builders again! Revenue's ears were pricked last summer with an increase in construction activity and reported their intentions in Revenue Brief 77/15 to increase "Compliance Interventions". As reported in their most recent publication  Revenue Brief 33/16 on 23rd March, ...

Little About Us

Joe Cunnane Practice Owner TRA Professional Services       Qualifications:  FCA Chartered Accountant & AITI Chartered Tax Advisor Joe has over 20 years experience working in both private practice and industry ... Read More »