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Registering for RCT

  • 10-08-2010 4:34pm
    #1
    Bookkeeper09
    Registered Users, Registered Users 2 Posts: 266 ✭✭


    If a tax registered company (not involved in construction) engages the services of a contractor to complete extensive renovations on the offices they own and operate from...are they obliged to register as a principal contractor and deduct 35%???
    Thanks


Comments

  • #2
    dbran
    Registered Users, Registered Users 2 Posts: 2,094 ✭✭✭dbran


    No!

    They are not engaged in the construction business so they do not register. Only if you are sub-contracting the work and you are in the construction industry do you need to think about registering for RCT and deduction of the 35%.

    Kind Regards

    dbran


  • #3
    Bookkeeper09
    Registered Users, Registered Users 2 Posts: 266 ✭✭Bookkeeper09


    Thanks for that!
    Had thought that but then someone said something to make me doubt myself!
    Had rang the revenue before I posted the thread and the person I spoke to couldnt give me a definite answer!
    Thanks again


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