Form De1 - Application To Have Deposit Interest Paid Without Deduction Of Dirt Where Applicant And/or Spouse Or Civil Partner Is Aged 65 Or Over Page 2

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Please read the explanatory notes below before completing this form.
PLEASE NOTE THAT THIS FORM IS TO BE RETURNED TO YOUR FINANCIAL INSTITUTION -
I.E. YOUR BANK/BUILDING SOCIETY/CREDIT UNION/POST OFFICE SAVINGS BANK MANAGER.
Deposit Interest Retention Tax (DIRT) is deducted at source from interest paid on deposits held by Banks,
Building Societies, Credit Unions or the Post Office Savings Bank.
You can claim an exemption from the deduction of DIRT if:
You, your Spouse or Civil Partner are aged 65 or over during the year, and
Your total income (this is essentially your gross income from all sources, e.g. old age pension, deposit
interest, etc.) for the year 2014 does not exceed the following amounts:
Single, Widowed or Surviving Civil Partner
€18,000
Married Couple or Civil Partners (combined income)
€36,000
These exemption limits are increased by €575 for each of the first two dependent children and by €830 for each
subsequent dependent child. These amounts are liable to change and changes will be posted on our website
If you qualify under these criteria, you can apply to have deposit interest, on funds of which you are the beneficial
owner, paid to you without deduction of DIRT.
Joint accounts only qualify for the exemption where the two account holders are Husband and
Wife or Civil Partners.
If a third party (e.g. a relative) has authority to operate your bank account on your behalf you will still be entitled
to the DIRT exemption, provided the beneficial ownership of your account is not affected.
To apply, simply complete the form overleaf and return it to your Bank/Building Society/Credit Union/Post Office
Savings Bank manager who will arrange for future interest to be credited to your account without deduction of
DIRT.
If your circumstances change and you no longer qualify to have your interest paid without deduction of DIRT,
you are obliged to notify the local manager of your Bank/Building Society/Credit Union/Post Office Savings
Bank.
Further information
Single Euro Payments Area (SEPA)
From 1 February 2014, account numbers and sort codes have been replaced by International Bank Account
Numbers (IBAN) and Bank Identifier Codes (BIC). These numbers are generally available on your bank account
statements. Further information on SEPA can be found on
If you require any clarification or assistance, please contact your local Revenue office, (however, the completed
form should be returned to your Bank, Building Society, Credit Union or Post Office Savings Bank - as
appropriate).
Telephone numbers for Revenue offices can be found in the green pages of your local telephone directory.
More detailed explanatory information is available in Information Leaflet DE1.

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