Revenue eBrief No. 135/24

15 May 2024

DIRT Free Deposit Accounts – Branch Procedures

Tax and Duty Manual Part 08-04-08A has been updated to provide that deposit interest arising on a deposit that is solely in respect of a general payment, and work related payment if applicable, under the Mother and Baby Institutions Payment Scheme can be paid without deduction of Deposit Interest Retention Tax [DIRT].