A sentence from that page states - "D.I.R.T. is a final liability for income tax purposes, i.e. the payment of retention tax at the standard rate by individuals liable to income tax at the higher rate is regarded as satisfying the individual’s full liability to this tax."
There is no further tax to be paid, but I think the reason for revenue to keep a check on interest earned is in order to see where the money came from in the first place: ie. is it undeclared money
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?