Relevant Contracts Tax (RCT)

Relevant Contracts Tax (RCT)

What is RCT? RCT is withholding tax applied to certain payments made by principal contractors to subcontractors in the construction, forestry and meat – processing industries. Rates of tax range from 0%, 20% and 35% depending on the subcontractor’s tax status with...
Revenue’s Annual Report 2016

Revenue’s Annual Report 2016

Recently, Revenue published their 2016 Annual Report. Here are just some of the findings and results;   Net receipts increased by 4.7% on 2015 to €47.95 billion in 2016 – the highest figure for net receipts in the history of the State! The overall yield...