Relevant Contracts Tax (RCT) & Construction Accounting Specialists
Relevant Contracts Tax (RCT) & Construction Specialists
The construction sector operates under specialised Revenue rules that demand exact compliance. Mistakes in Relevant Contracts Tax (RCT) handling lead to costly delays, tax penalties, and cash flow disruptions.
At Hoare Chartered Accountants, we provide RCT administration for main contractors, sub-contractors, and tradespeople across Galway and the West. We handle the administrative overhead so you can stay focused on site delivery.
Specialised Construction Services
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Contract Notifications & Clearances: Submitting timely contract notifications to Revenue prior to work commencing to secure proper deduction rates.
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Payment Notifications & Deduction Summaries: Processing real-time payment notifications and issuing accurate deduction summaries for sub-contractors.
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RCT Reconciliations & Repayments: Ongoing monitoring of RCT credit offsets against VAT or PAYE liabilities to protect working capital.
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Revenue Representation: Assisting sub-contractors and construction firms through Revenue interventions and RCT reviews.
Why Sub-Contractors & Trades Choose Our Practice
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Dedicated Trade Expertise: Established understanding of construction cash cycles, RCT compliance, and trade tax reliefs.
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Frictionless Administration: Fast turnaround on payment submissions so projects move forward without administrative hold-ups.
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Direct Partner Oversight: Senior advice on restructuring, equipment purchases, and trade tax positioning.
Contract Notifications & Clearances: Submitting timely contract notifications to Revenue prior to work commencing to secure proper deduction rates.
Payment Notifications & Deduction Summaries: Processing real-time payment notifications and issuing accurate deduction summaries for sub-contractors.
RCT Reconciliations & Repayments: Ongoing monitoring of RCT credit offsets against VAT or PAYE liabilities to protect working capital.
Revenue Representation: Assisting sub-contractors and construction firms through Revenue interventions and RCT reviews.
Dedicated Trade Expertise: Established understanding of construction cash cycles, RCT compliance, and trade tax reliefs.
Frictionless Administration: Fast turnaround on payment submissions so projects move forward without administrative hold-ups.
Direct Partner Oversight: Senior advice on restructuring, equipment purchases, and trade tax positioning.
