Accounts not Subject to DIRT
There are circumstances where a financial institution may make payments of interest to account holders without deducting DIRT, i.e. over 65's who are below the income exemption limit and permanently incapacitated individuals.
In order to avail of the non-payment of DIRT, the account holders must complete the necessary form. Revenue have placed updated forms on their website.
- Form DE1 – deals with over 65s
- Form DE2 – deals with permanently incapacitated individuals.