TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Principals and Sub-Contractors

eBrief No. 64/2008 provides important information for Principals and Subcontractors in the Construction, Forestry and Meat Processing Sectors. It deals with applications for a Relevant Payments Card (RCT 47) and a C2 card.

Applications for a Relevant Payments Card (RCT 47)

Revenue advise that a Form RCT 46 should be completed as soon as possible. However, where Form RCT 46 was received after 12 December, Revenue could not guarantee delivery of the relevant payments card before Christmas. Payments made without the relevant payments card must be subjected to Relevant Contracts Tax (RCT) at 35%.

Applications for a C2 card

Revenue advise that applications for new C2 cards (Forms RCT 5) should be submitted as soon as possible. While every effort is made to process C2 applications as quickly as possible, time must be allowed for the actual production and delivery of the C2 card with digitised photograph and signature.

eBrief No. 64/2008 is reproduced at Section 2.02.