Tax on interest from investing in smes

mcriot29

Registered User
Messages
143
Can anyone tell me what the tax rate is for interest from investing in smes
Is it dirt , CGT or income
Im thinking dirt
 
It's Case III so it's subject to income tax at your marginal rate, DIRT is for Deposit Interest from a financial institution.
 
If you are giving loans out to SMEs I assume that you are a chargeable person so your top rate of tax, PRSI and USC.
 
What do you mean by interest from investing in SMEs - what have you invested, loan capital, or equity? Actually, in either case the answer is as already said, marginal income tax rate +PRSI + USC...