DWT Dividend Tax Exemption for Over 65’s
Thursday, 23 July 2009
What is DWT
DWT, or Dividend Witholding Tax, is deducted from dividends paid by Irish companies. If you are in receipt of Irish dividend income, DWT is deducted at 20% - this is taken out of the dividend you have received, which you can confirm in your dividend certificate. This 20% is then used as an offset against your income tax liability.
- Published in Income Tax, Paye Tax, Self-Employed & Directors, Tax Refunds
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Are you paying the Income Levy when you should be Exempt?
Thursday, 02 July 2009
The Income Levy was introduced for 2009 and within 4 months was doubled for most people in the April 2009 Budget. But should you be paying Income levy? It’s worth checking if you are exempt from the income levy. You are exempt from the income levy if: Your income for a year does not exceed
- Published in Employment Expenses, Income Levy, Paye Tax, Tax Refunds