relevant-contracts-tax-expertise

Relevant Contracts Tax

  • The administrative obligations of the Relevant Contracts Tax system are placed on principal contractors are onerous and significant penalties can apply where these obligations are not met. We offer the following services to alleviate the work placed on our clients.

  •  
  • Notify Revenue of the contract on ROS
  • Create / obtain a site identifier number
  • Notify Revenue of payments to be made to subcontractor.
  • Obtain the Payment Notification Acknowledgement from Revenue.
  • Submit monthly / quarterly RCT returns to Revenue.
  • VAT is to be accounted for on the reverse charge basis.