Handling tax issues is never easy, however, always essential for a company operation in Ireland. You can be a business guru but what the point if the Revenue knocks at your doors. At Chern & Co, we can help you build long-term smooth relationships with Revenue by assisting you with tax registration. We assist in Relevant Contracts Tax (RCT) Registration with Revenue as well as with other taxes necessary for the well-being of your company.
What is Relevant Contracts Tax or RCT
The Revenue of Ireland gives a precise and comprehensive definition of RCT. According to the Revenue experts, this is “a withholding tax that applies to certain payments by principal contractors to subcontractors in the construction, forestry and meat-processing industries”.Principal contractors should ensure they are registered to use ROS services. Subcontractors, in their turn, need to apply for registration to access details regarding their RCT transactions.
The Current RCT Rate in Ireland
We already learned that you need to apply for Relevant contracts tax RCT registration with revenue if your business is involved in construction, forestry, and meat-processing service. But how much must owners of the enlisted businesses pay? Let’s clarify it right now! RCT rates are 0%, 20% and 35%. How much you will have to pay directly depends on the subcontractor’s tax compliance position.
Special note: You must be registered for Income Tax in Ireland in order to apply for RCT registration. RCT registration service with Chern & Co does not include income tax registration. If you are not registered for Income tax, please, inform our manager about it.
Benefits of Applying for Relevant Contracts Tax (RCT) Registration with Revenue with Chern & Co
There are several reasons to let Chern & Co experts do their magic and assist you in Relevant Contracts Tax (RCT) Registration with Revenue.
It is affordable: we offer a budget-friendly option of assisting in RCT registration in Ireland. This is one of the most reasonable offers on the market and an excellent option in terms of the price-quality ratio.
It will get you rid of the hassle: we are perfectly aware of all the legal requirements of tax registration in Ireland. Rest assured you will not have to worry about anything.
It is fast: our expertise and commitment allow us to deliver assistance with RCT tax registration in Ireland within the fastest terms.
How is the Service Delivered
At Chern & Co, we believe in a fast and unproblematic service delivery process. Thus, check out a few super easy steps we take to assist you with relevant contracts tax (RCT) registration with Revenue!
- You leave an application and our managers contact you ASAP.
- We clarify the details and prepare an invoice for payment. You can pay in any convenient way.
- You fill out the documents and send scans electronically.
- Service is in progress. We contact ROS (Revenue Online Service) and handle all the legal processes in tight cooperation with you.
- Done! You are registered with RCT and can continue trading with peace of mind!
Our streamlined process and a strong commitment to your satisfaction empower us to assist you with relevant contract tax (RCT) registration with revenue in 2 weeks. Please notice that things sometimes may take longer depending on each case separately. Our managers will do their best to assist you in handling the process in the most time-efficient way.
Relevant Contracts Tax (RCT) Registration with Revenue with Chern & Co
For over 12 years, Chern & Co has been providing customers with superb assistance in managing their companies in Ireland. We will help you start your business route and supervise you as you decide to grow. Our strong customer support and dedication to your goals will ensure your positive experience with Chern & Co. Wait no longer to apply for assistance with RCT registration to us!
If you have any questions left, feel free to contact us. We believe in a client-oriented approach and so our managers are open to inquiries. Chern & Co will help you select the best service for your business absolutely free of charge.
Disclaimer: The content of this page is for acquainting purposes only and is subject to change. It does not constitute any professional advice. No liability is accepted by Chern & Co for any actions taken or not taken in reliance on the information set out in this article. Professional, legal or tax advice should be obtained before taking or refraining from any action.