DIRT payable, for low income depositors?

[BrokeBroker]

Say someone works two days a week and lives hand to mouth, but has savings for a future endeavour they wish to earn some interest on.

They deposit the money in a fixed term account at the current rate, 1.5% or so.

Based on their income, are they liable to pay the standard rate of DIRT?

 

[jpd]

Who is exempt from DIRT?

This page explains the certain conditions when you can receive interest without paying Deposit Interest Retention Tax (DIRT-free account)

www.revenue.ie