Anyone here familiar with RCT.
Am I right in saying that if the director and sole shareholder in a building company, pays his own company to develop some investment properties he owns personally, that as a connected person he becomes a principal contractor and his company becomes the subbie?
Am I right in saying that if the director and sole shareholder in a building company, pays his own company to develop some investment properties he owns personally, that as a connected person he becomes a principal contractor and his company becomes the subbie?