DIRT Increase to 33% in Budget 2013

Deposit Interest Retention Tax was increased in Budget 2013 from 30% to 33% . This change will take effect from January 1st 2013 It was 25% back in 2010 – since then it has increased in 2011 to 27% and in 2012 to 30% .

The rate of DIRT will be  33% for payments made annually or more frequently and 36% for payments made less frequently than annually.

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