Investment Income Arising in the State
Investment income arising in the state that has not been taxed at source (i.e. Interest received without deduction of DIRT, Credit Union Dividends, etc.) is taxable under Schedule D Case III. If you have a PAYE source of income and the total amount of income received in these categories plus any other non PAYE income does not exceed €3,175, the tax due on this income can be collected by means of an adjustment to your Tax Credit Certificate. If the income exceeds this limit you are required to register for Self Assessment.
- Leaflet Res 1 - A guide to Irish income tax and capital gains tax liability based on some commonly asked questions
- Leaflet IT10 - A Guide to Self Assessment