eRCT Bulk Rate Review

Aug 27, 2018

Revenue will carry out its routine review of subcontractor RCT deduction rates in early September and are encouraging subcontractors to carry out a self-review in advance.  

The review, known as a Bulk Rate Review involves Revenue examining the rate of every live subcontractor and comparing the set criteria (set out in section 3.5 of the RCT Subcontractors Tax and Duty Manual) with the information contained in the eRCT system to establish whether the correct zero, 20% or 35% rate is being used.  There is an opportunity before then for subcontractors and their agents to carry out a self-review in advance of the Bulk Rate Review and further details can be found in section 3.1.2 of the manual.