RCT is a withholding tax that applies to certain payments by principal contractors to subcontractors in the construction, forestry, and meat-processing industries in Ireland.

If your business operates in these sectors and engages subcontractors to carry out relevant operations, you may be required to register for RCT with Revenue. Read more at www.revenue.ie.

Sage Accounting supports RCT features for subcontractors and principal contractors. These features help you track RCT deductions on your sales and purchase transactions and generate reports for Revenue.

For this first release, RCT support in Sage Accounting applies to businesses operating as subcontractors or principal contractors in the construction industry.

If you need to enable RCT in Sage Accounting, follow this article: Enable RCT for your business.