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If your school is involved in the activites below, the board of management must ensure compliance with Relevant Contracts Tax (RCT) requirements when making payments to the building contractor.
These activities also bring schools within the scope of VAT and the Board must account for VAT on a reverse charge basis.
- Construction Projects
- Summer Works
- Emergency Works
- Major Devolved Projects
- Additional Accommodation Schemes
- Day to Day Repairs
Note
All schools including fee paying schools are bound by the RCT regulations
View Revenue Commissioners Legal Opinion on RCT applying to fee paying schools.
Prior to commencement of construction, ensure all subcontractors supply their tax reference no. and proof of identity and contact details.
View Steps for Processing the Relevant Contracts Tax (RCT)View Steps for Accounting for VAT (Reverse Charge)
Supporting Documents and Links
 Revenue Guidance Note to assist Boards of Management with the operation of RCT and the VAT Reverse Charge
Financial Guideline 07 2011/2012-Capital Projects-BOM as Principal Contractor
VAT & RCT Workshop Presentations
Revenue eRegistration Demo for VAT & RCT
Guide for Accounting for RCT and VAT on computerised accounts systems
Supplier Application Form-Relevant Contracts
Letter notifying suppliers of new RCT/VAT Regulations
Steps to Set up a Linked ROS Certificate
Revenue Complaint and Review Procedures Leaflet – CS4
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