Saving Certificates Interest

[AKMuller]

If interest from state savings, saving certificates brings you over the €5,000.00 limit for non PAYE income does this interest have to be declared to Revenue?

AKMuller

 

[ClubMan]

Presumably not since a Savings Certificates earnings are tax free?

5 Year Savings Certificates | Products | Ireland State Savings

Save a lump sum for 5 years with 5 Year Savings Certificates for a tax-free return with no fees, and access to your money should you ever need it.

www.statesavings.ie

 

[ClubMan]

Who should register for Income Tax self-assessment?

This page outlines who should register for Income Tax self-assessment

www.revenue.ie

You must register for self-assessment if:

• your taxable non-PAYE income exceeds €5,000

or

• your gross non-PAYE income exceeds €30,000.