EU Deposit Interest - Revenue Reporting

[liam bourke]

so basically the only tax you should be paying is dirt at 33% once the savings you earn is less than 5000euro

 

[irishfinanceguy]

Does anyone know if its in sterling as with lightyear is it 33% for eu tax as lightyear has Estonian licence or is it the higher dirt rate as non eu currency?

 

[Stationfire]

Still being handled incorrectly - confirmed submitted on PAYE myaccount online as eu deposit interest, and they processed it as “other foreign income” subjecting to PAYE and USC

 

[podgerodge]

Can askaboutmoney get some media attention on this? It's very newsworthy.

 

[ashambles]

Still being handled incorrectly - confirmed submitted on form 11 as eu deposit interest, and they processed it as “other foreign income” subjecting to PAYE and USC

Just checking, Form 11 or Form 12? I thought the problem was limited to Form 12.

When I was testing my Form 11 it was calculating for me DIRT(+PRSI).

 

[Stationfire]

Just checking, Form 11 or Form 12? I thought the problem was limited to Form 12.

When I was testing my Form 11 it was calculating for me DIRT(+PRSI).

PAYE Services “review your tax” which then submits a request for statement of liability. Clearly shows as eu deposit interest, they processed it, statement of liability included it as other foreign income charging PAYE, USC