Revenue eBrief No. 01/18

04 January 2018

eRCT System - Input of Payment Notifications where the contract is closed

Tax & Duty Manual Part 18-02-11 (Electronic Relevant Contracts Tax System) has been revised to advise as follows:

A Principal Contractor can make a payment notification for a closed contract up to 9 months after the end-date of the contract.  If the payment was made more than 9 months after the end-date of the contract, the Principal will need to re-open the contract to submit a payment/post payment notification.   

Where a contract has been closed for 9 months (and not re-opened), only unreported payment notifications can be input on that closed contract. 

Where a contract has been closed for 18 months or longer (and not re-opened), no payment notifications - either post payment or unreported - can be input on that closed contract.