RELEVANT CONTRACTS TAX (RCT)
From December 2015 there will be a new mandatory field in the contract notification process in the eRCT system.
Each contract will require a Site Identifier Number (SIN).
Upon the introduction of the new field, the system will automatically provide a SIN when the principal contractor enters the location of the relevant operation. When identifying the location of relevant operations Principals will be required to enter both the Site/Project Name and the address.
Once the system has generated the SIN, the Principal or Subcontractor should only enter the SIN instead of the location.
More details top be released in the next few months