Farranree Credit Union Limited, 114-115 Knockpogue Avenue, Farranree, Cork
021 430 1392 , Fax: 021 490 9151 info@farranreecu.ie
Our Credit Union is for People - not for Profit!

DIRT Notice

Member Information Notice - DIRT TAX

  • All Credit Union dividend payments are now subject to DIRT at source, unless the individual member is DIRT exempt.
  • For an individual to be exempt from DIRT they must be 65 years of age or over and have an annual income less than €18,000 (or combined €36,000 for a couple). Please check the Revenue website for full details.
  • The individual must complete and submit a DE1 Form to Farranree Credit Union, to be classified as DIRT exempt.
  • DE1 forms are available from the Credit Union or you can download here from our website DE1 Form
  • The DE1 Form must be submitted before the AGM.
  • The current DIRT rate is 41%.