Have been corresponding with Revenue since January on declaring my EU interest from 2023. Just got this vague email for the third time even though I have provided statements twice before. Very frustrating. Anyone having a similar experience and know how to resolve?
Dear ,
To enable me to process your return please submit the following:
Supporting documentation relating to the EU Deposit Interest you are declaring for 2023.
Regards,
OK -
.. so I can be long winded, so will try to make points.
... got charged 52% in late January
.. in February rang Revenue. The nicest person listened to me. She hadn't heard of any of these deposit type accounts (Trade republic, N26 etc). She understood what I was explaining i.e., the problem coming down the track for revenue if not sorted fast before end 2024. Her explanation was that it sounded like - "what they call an 'ingredient' was missing on the PAYE side of My Enquiries". I had explained that those using the other route (Form 12?) were able to sort the issue and get the correct tax treatment. She said she would follow up. And suggested that I enter another *My enquiry** explaining 1 more time how I explained it to her as it sounded very reasonable.
...I did so .. using a email format someone here shared and links to the EU legislation (shared here also) ...and I got a snappy reply that basically said... *you are still wrong* *It is income*, *it is foreign* and *you will be remain charged as such*.
)This person gave me 30 minutes on the phone. She also advised me that I could open an '
archive on my pay with Revenue since 1997'. I am having issues proving that I worked in different schools from 1997 to 2000 etc
(Teachers need to keep "all paper salary slips" to prove they worked in schools for pension etc.. Unfortunately, I eventually shredded my 1997 to 2005 salary slips, before leaving the country to work with VSO..
...so a few of the early schools in my career are bulldozed .. and although I am fixing the issue step by step, getting a figure of what my pension is worth, or what my eligibility is... Is proving difficult. This Revenue person's quick thinking, suggested that I allow her to open an archive file request.. where someone literally goes to paper files and figures out what I paid from 1997 to 2005. Doing this meant I was able to find proof for the Department of Education that I had a Salary and PAYE trial... I still have no pension trial.. so I may have to buy that back as reckonable service.) My point is that the Phonecall was worth it in the greater scheme of misinformation.
Back to Tax treatment for DIRT with REVENUE:
... with no fix, I followed advice here and wrote to
chairmansOffice@revenue.ie on May 9th 2024.
...I received a response on May 10th, that the "The matter is receiving attention and we will write to you again shortly."
... that day, I received a lot of calls from Private Number, that I assumed were Spam. I didn't answer, but it was Revenue.
.. Eventually I listened to a voice note and answered the next time.
... Very nice person - was not arrogant or snappy (which is important to me, so I do not crumble). I was trying to quote from what I learnt here, but was not 100% confident. We did go round and round and round.
By the end of the call (about 1 hour), I was starting to believe the examples from the revenue person who has the role of "
Service to Support Compliance".
- She gave examples of how stocks, EFTs, etc might be treated and that it might not be as straightforward as what "I had read on the forum".. but she was NOT been disrespectful and kept and open mind. She didn't know about these EU deposit accounts (Raisin etc), and would look at any links I could send.
- maybe good idea to mark all my enquiries to FAO of *Service to Support Compliance*.
... now I had sent screenshots to "my enquiry* previously of the interest arriving into my account for 2023 - it was easy as only €299 and only for the timeframe Oct to November. These were left unresolved.
... This Service to Support Complaince person on the phone set up a MY ENQUIRY for me direct to her:
"Thank you for taking my call today. As discussed, please reply to this enquiry and attach a
copy of the interest received in 2023 for review.
... in fairness, I had not realised that in Trade Republic an Lightyear you could DOWNLOAD a STATEMENT.
I "renamed" the Downloads and used (2023) BRACKETS
... Do not USE BRACKETS as it will not upload.
Then couldn't upload and did not read the BRIGHT RED info telling me how to fix the issue.
After a few unsuccessful attempt to upload documents, I asked for advice and the Support person suggested :
"You may need to try uploading as individual enquiries, or if you have a clear picture of the documents instead this can be uploaded instead of the original files."
... So just now I have sent this SERVICE TO SUPPORT COMPLIANCE PERSON - 6 *my enquiries* ( labelled 1 of 6, 2 of 6 etc).
... I have summarised all the key nuggets on this forum thread... and attached the 2 screenshot that
@Bradipo and a few earlier ones... as well as these links...
https://www.ccpc.ie/consumers/money/saving/
https://consult.finance.gov.ie/en/c...arkets/chapter/5-taxation-investment-products
https://www.citizensinformation.ie/...ocial-insurance-prsi/social-insurance/#498bd1
https://www.revenue.ie/en/additional-incomes/dirt/who-is-charged-dirt.aspx
https://european-union.europa.eu/priorities-and-actions/actions-topic/taxation_en#:~:text=The EU does not have,the collected taxes are spent.
https://consult.finance.gov.ie/en/c...arkets/chapter/5-taxation-investment-products
Everyone on this forum has been so helpful. Thank you to all the Admins etc... this is an incredible space.
I hope that reusing links and generous advice and info from many of you, will help to get a resolution for everyone in the end.
