There has been plenty of discussion on AAM about PAYE workers needing to file Form 11 tax returns and pay PRSI if they earn >3174 euros per year in deposit interest. Is there any update on how exactly the various State Savings products are treated? There are various products and some are treated differently than others when it comes to DIRT so perhaps there will be a difference when it comes to PRSI also.
eg
-Prize bonds, no interest but rather prizes, not subject to DIRT
-Solidarity bonds that accrue a bonus which is not subject to DIRT and pay yearly interest which is subject to DIRT
-Solidarity bonds that accrue a bonus which is not subject to DIRT and pay no yearly interest
-Savings certs and bonds that accrue interest which is not subject to DIRT
As a PAYE worker with most of my savings in the above products I'm particularly interested in this.
If I want to write to sombody to seek clarificaton should I write to the NTMA/An Post, Social Welfare or Revenue?
eg
-Prize bonds, no interest but rather prizes, not subject to DIRT
-Solidarity bonds that accrue a bonus which is not subject to DIRT and pay yearly interest which is subject to DIRT
-Solidarity bonds that accrue a bonus which is not subject to DIRT and pay no yearly interest
-Savings certs and bonds that accrue interest which is not subject to DIRT
As a PAYE worker with most of my savings in the above products I'm particularly interested in this.
If I want to write to sombody to seek clarificaton should I write to the NTMA/An Post, Social Welfare or Revenue?