FastTax.ie makes declaring your foreign interest simple. Our systems will then: Calculate the correct tax Generate a completed tax return form for online filing Tell you [...]

Yes. Using Raisin and overseas savings accounts is completely legal and is a smart way to make your savings work harder for you. You simply need [...]

Some countries deduct withholding tax before paying interest. If this happens: You still declare the full interest earned Any foreign tax paid can usually be credited [...]

Yes. There is no minimum amount below which foreign interest can be ignored. All foreign deposit interest must be declared as part of your Form 11 [...]

If foreign interest is not declared: Revenue will apply a higher tax rate to the interest earned Interest and penalties may also apply Declaring your interest [...]

Foreign deposit interest must be declared on your annual tax return: Usually on a Form 11 Under the section “Foreign Income – EU Deposit Interest” or [...]

In most cases, interest from EU deposit accounts is taxed at the same rate as Irish DIRT, which is currently 33%. If any foreign tax has [...]

Irish banks deduct DIRT automatically before paying you interest. However, when your savings are held with banks outside Ireland, DIRT is usually not deducted at source, [...]

Yes. If you are an Irish tax resident, you must declare all foreign savings interest, including interest earned through Raisin or other online platforms, on your [...]