National Solidarity Bond tax.

DirectDevil

Registered User
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920
When is D.I.R.T. deducted from a NSB bond ? At maturity ?
If you take interest payments during the life of a NSB are they subject to D.I.R.T. and or income tax?
 
You don't have a choice about taking interest payments. You get 1% paid out per year, and the remainder at maturity, for both 4 and 10 year NSB. The annual 1% is subject to DIRT, the maturity bonus is tax free. There is no liability to income tax, although it has not yet been announced whether the new 4% PRSI on deposit interest from 2014 (announced in the last budget) will apply to NSB.
 
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