Relevant Contracts Tax (RCT)
RCT is a withholding tax that applies to certain payments by principal contractors to subcontractors in the construction, forestry and meat-processing industries. The rates of tax are 0%, 20% and 35%. All RCT transactions are submitted through the Revenue Online System (ROS).
You can find a list of construction, forestry and meat-processing operations subject to RCT further in this section.
Next: What activities are covered under RCT?