DonegalTown
Registered User
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Hello
in 2024 I received 2111€ of interest on 50k (4.21% interest rate). BlueOr withheld 211€ (10%) after I sent the tax document. I have now to declare last year's income.
Can someone confirm that the Amount of EU Deposit Interest to be entered is the gross (the full 2111€)? The statement that I received from BlueOr only shows the total 1900€ and lists the withheld tax 211€ it doesn;t show the gross of 2111€. My non-paye income for the year 2024 is below 5K so I suppose once I enter 2111 as the total gross income and the withheld tax 10% (211€) Revenue will charge 23% on the 1900€
Is this correct ?
Thanks
DT
in 2024 I received 2111€ of interest on 50k (4.21% interest rate). BlueOr withheld 211€ (10%) after I sent the tax document. I have now to declare last year's income.
Can someone confirm that the Amount of EU Deposit Interest to be entered is the gross (the full 2111€)? The statement that I received from BlueOr only shows the total 1900€ and lists the withheld tax 211€ it doesn;t show the gross of 2111€. My non-paye income for the year 2024 is below 5K so I suppose once I enter 2111 as the total gross income and the withheld tax 10% (211€) Revenue will charge 23% on the 1900€
Is this correct ?
Thanks
DT