530E Rates of tax

Summary

Section 530E sets out the circumstances in which the Revenue Commissioners will authorise a principal to deduct tax at the various rates- zero, the standard rate or 35%. It also provides that the rate of deduction for a partnership will be determined on the basis of the highest rate that would apply to any of the individual partners in a partnership.

Details

(1) For the purposes of section 530D(2), the rate of tax shall be -

(1)(a) Zero where the Revenue Commissioners have made a determination that the subcontractor is a person to whom section 530G applies.

(1)(b) The standard rate of income tax where the Revenue Commissioners have made a determination that the subcontractor is a person to whom section 530H applies.

(1)(c) 35% where the Revenue Commissioners have determined that the subcontractor is a person to whom neither section 530G nor section 530H applies.

(1)(d) In the case of a partnership the rate shall be the highest rate that would apply to any of the individual partners in the partnership.

(2) The reference to a determination in subsection (1) is the most recent determination made by the Revenue Commissioners under section 530I or as determined on appeal.

Relevant Date: Finance Act 2025