Why has my deduction rate changed for RCT ?
Why has my deduction rate changed for RCT ? If you are a subcontractor in the construction industry, you are subject to a RCT rate of either 0%, 20% or 35% on any payments from principal contractors. On the 6 April 2019 Revenue ran the first RCT Bulk Rate Review (BRR) of 2019. The BRR…