If you are over 65, you may not need to pay DIRT (Deposit Interest Retention Tax) on your deposit income.

Exemption limits:

As of 2009, if you earn less than €20,000 as a single person, or €40,000 as a married couple then you are exemption from DIRT tax.
This exemption is increased for each dependent person by amounts from €575 per dependent person.

For many, you will know in advance that your income will be within the exemption limit and you can arrange to have the deposit interest lodged direct to your account exempt of income tax.

But if this was not arranged, you can still look arrange for a refund of the DIRT tax after the end of the year. In 2007 for example, 920 such claims were made, with an average refund achieved of over €2,300.

Interest from financial institutions such as Banks, Credit Unions, the Post Office and Building Societies are eligible to this exemption.

why not contact us for a full Tax Refund evaluation for the last 4 years.