Thank you soooo much..I was really scared they will take of 25% of the money I saved. phew..
The other side of the argument why should people who haven't worked a day in their life get large handouts from the state.
25% is high enough as far as I'm concerned especially for retired people dependant on their life savings
Am I correct in saying that DIRT is regulated by the European Union Savings Directive and is subject to a maximum rate
3. Qualifying conditions
In order to claim exemption from DIRT you must complete a declaration form stating that you or your spouse (if you are married) meet the following conditions:
Either you or your spouse (if appropriate) are aged 65 or over when making the declaration
Your and your spouse's (if appropriate) total income for the year will be below the relevant annual exemption limit.
How its all changed....
I have an amount with rabo - interest is 2% at the moment.
I usually look forward to new years eve as this is when the interest is applied - nothing to celebrate this year.
Last year the amount earned around 8 hundred and something, and I got seven hundred and something after DIRT was applied.
This year the amount earned around 450 interest, and I got around 350 after DIRT.
How its all changed....
Sorry perhaps that sounded bad, but people who won't switch have no right to complain when they get next to no interest...What exactly do you mean by "people like you"?
I am comparing Rabo this year to last year.
Did I say anything about any other provider?
Did DIRT go up in the budget?
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