Form 11 query re IOM bank deposit interest

[meular]

Where on the form do I enter this info, line 313b??? Not sure since Isle of Man has special relationship with EU on certain matters so unsure if this should fall under EU Deposit interest or not.

From reading other posts, I believe this determines if DIRT or income tax charged on the amount. If the latter, I understand it will be taxed at marginal tax rate, USC and PRSI also deducted, is PRSI 4%?

Finally where can I obtain exchange rates applicable to the dates interest received? Is there something set by the Revenue, cannot find it on their website or do I get monthly rates elsewhere like The Central Bank.

Any advice greatly appreciated. Many Thanks

 

[Gervan]

The Isle of Man is in British Isles, as far as I know, so would count as EU.
Nationwide International funds are (I think) held in Jersey banks, so would also be EU.
However, Lloyds hold some funds in Gibraltar, so I don't know where that fits in. I would put EU as the source of the interest on the basis that the banks are in the British Isles.

Revenue does publish an average exchange rate. For 2011 sterling / euro was 0.86788. If the interest came in on a specific date you could look up historic exchange rates on xe.com or similar site.