sole trader, vat registered small electrician. have one client who is a principal contractor and at the moment deducts the 35% RCT. they don't mind if C2 or not. It is not guaranteed jobs from them, could be one every 2 months, or 2 in one month so not an actual contract.
Question is - is it in my interest to apply for a C2 - i hear conflicting things off friends that you never get full amount deducted back from Revenue - is this true even if all your taxes are up to date, which mine are, have tax clearance cert also to confirm.
Question is - is it in my interest to apply for a C2 - i hear conflicting things off friends that you never get full amount deducted back from Revenue - is this true even if all your taxes are up to date, which mine are, have tax clearance cert also to confirm.