Deposit Interest Retention Tax or DIRT will increase from 27% to 30% from January 2012. This is the tax paid on interest on savings. The DIRT was increased from 25% to 27% in the 2011 Budget.
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DIRT
Income Tax and VAT Revenues
Data from the Irish Exchequer shows that €7½ billion in tax revenue was collected in the first quarter of 2011. This is €270 million or 3.7% higher than the the first quarter of 2010 – but it is €136 million or 1.8% lower than what was forecast. Most of the shortfall (125 million) was from […]
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