What happens to Dirt exemption when partner dies during year?

[Gervan]

My husband is over 65, and as a low income couple we qualify for Dirt exemption. If he dies during the year Dirt exemption will cease from that date.
How is this treated in the case of a bank which applies interest at the year end? Would accrued interest not have Dirt applied, or would the entire year's interest be taxed at 41%?

 

[Joe_90]

DIRT is applied to interest at the point of payment as I understand it.

So if the receipient is not 65 then they can't get the DIRT back. I assume you are not 65.

 

[Gervan]

Thanks Joe_90, that clarifies the situation.