In Ireland, the government charge a tax on the interest you receive on savings accounts in Ireland.This tax is known as Deposit Interest Retention Tax or DIRT for short. Since January 1st 2020 the rate of DIRT is 33% Banks deduct DIRT automatically from the interest paid on all deposit accounts held by Irish-residents.Most State […]
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In Budget 2015 a relief from DIRT for first time buyers was announced. (Deposit Interest Retention Tax) Update – this DIRT refund scheme was replaced in 2018 by the Help to Buy Scheme The DIRT refund applied to savings used by first time house buyers towards the deposit on a house. This applied to houses […]
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The government charge a tax on the interest you receive on savings. This tax is known as Deposit Interest Retention Tax or DIRT for short. Back in 2002 the rate of DIRT was 20%. It was then increased over the following years up to 41% in Jan 2014 in an attempt to try and encourage […]
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Deposit Interest Retention Tax has been increased to 41% in Budget 2014. The increased rate will apply to payments made on or after 1 January 2014. The same 41% rate will apply to Exit Taxes on Life Assurance Policies and Investment Funds More Budget 2014 Details Here
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