Irish Revenue eBrief No. 213/22 of 19 December 2022 updates Part 18-02-11 (Electronic Relevant Contracts Tax System) (referred to as the “eRCT” system) of the Tax and Duty Manual.
The update introduces a new paragraph 8 (Bulk Rate Review), which provides details on new bulk rate review procedures to be carried out by Irish Revenue on a monthly basis. Certain contractors will be selected for a compliance assessment each month, resulting in the Relevant Contracts Tax rate review and amendment, where necessary.
Source Deloitte
Latest Posts in "Ireland"
- Uncertainty Surrounds VAT Cut Impact on Consumers Ahead of Budget 2026 Decision
- Hospitality VAT Cut to 9% from July 2026, Excludes Hotels, Includes Large Franchises
- Irish Revenue Updates VAT Registration Guidelines: Key Changes in Application Details and EU SME Scheme
- Ireland’s E-Invoicing Consultation: Positive Steps Toward VAT Process Automation and Modernization
- Louth TD Demands Government Release Data Justifying €632 Million VAT Cut for Hospitality Sector
