TaxSource Total

Here you can access relevant source documents which support the summaries of key tax developments in Ireland, the UK and internationally

Source documents include:

  • Chartered Accountants Ireland’s representations and submissions
  • published documents by the Irish Revenue, UK HMRC, EU Commission and OECD
  • other government documents

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Revenue eBrief No. 17/2008

Relevant Contracts Tax - New Regulations Made

The Revenue Commissioners have recently made new RCT Regulations entitled Income Tax (Relevant Contracts) (Amendment) Regulations 2008 (S.I. No. 80 of 2008) which amend the Income Tax (Relevant Contracts) Regulations 2000 (S.I. No. 71 of 2000). The new regulations come into effect on 1 April 2008.

The new regulations stem from a commitment by the Social Partners in Towards 2016 to strengthen the RCT system by revising the RCT1 declaration form and by putting in place new procedures to help ensure that workers are correctly classified as either employees or self-employed subcontractors. A substantially revised RCT1 Form comes into effect in tandem with the regulations.

The new regulations require principals to deliver RCT1 declarations to Revenue, in certain circumstances and within specified time limits. They also set out the circumstances where a declaration need not be made.

Full details of the changes are contained in the new regulations (PDF, 51KB). Further background details are contained in a Press Release issued today.