Saving Certificates

[Galway5]

Hi there,

Do you have to return the income from saving certificates on your income tax return?

I note the 2007 return mentions special saving accounts. But am I correct in assuming that income from savings certificates do not have to be returned on an income tax return because they are exempt from tax?


Thanks.

 

[ClubMan]

Special Savings Accounts are something different to Savings Certificates. And Special Savings Investment Accounts. They were accounts introduced a few years back (was it as far back as the 90s currency crisis!?!) with a lower rate of DIRT than normal.

 

[Graham_07]

Earnings from Savings Certificates from An Post are tax free. No return to Revenue is required on them.