About Us DIRT Tax Information

DIRT Tax Information

Changes in DIRT Tax

From the 1stof January 2014 all Credit Union share dividend and deposit interest paid to members will be subject to dirt, with the exception of members who are exempt from dirt. The only members who are exempt are:

Members aged over 65 whose total income is less than the relevant limit of €18,000 for an individual and €36,000 for a married couple. For married couples, only one of the spouses needs to be over 65. To avail of this exemption, you must sign a self-declaration form DE1. This form is available in your Credit Union and is a declaration that you, or your spouse, are aged over 65 and that your total income is less than the relevant limit.

Members who are permanently incapacitated. Such members should either contact their local Revenue Commissioner office directly or contact service body such as the Irish Wheelchair Association. Credit Unions have no role in approving exemption in these cases.

If you do not complete the self-declaration form, the Credit Union will be obliged to deduct DIRT from your interest or dividend. You will then have to apply directly to Revenue for a refund of this DIRT (if you are eligible). In addition to the above, the tax-free limits applicable to share dividend and deposit interest in special term accounts have been removed and will not apply to Special Term accounts opened after the 16th of Oct 2013. Existing Special Term accounts can continue to avail of the tax-free amount for the remainder of their term. If you require any clarification or assistance contact your local Revenue office.

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  • Progressive Credit Union
  • Tel: (01) 841 1348
  • Fax: (01) 841 3865
  • Email:
  • Web: www.progressivecu.ie
  • Address: Progressive Credit Union Limited is regulated by the Central Bank of Ireland. Reg. No: 226CU
About Us

Together we're Better

Progressive Credit Union now has seven offices across north Dublin and employs over 50 staff. It is governed by 11 directors and 3 individuals on the Board Oversight Committee. Our Common bond covers the following locations and surrounding areas Baldoyle, Donabate, Glasnevin, Howth-Sutton, Portmarnock, Rush-Lusk, Skerries, Swords Rivervalley, and the greater Balbriggan area including as far as Naul and Stamullen in Co. Meath.

Contact Us
  • Tel:
  • Fax:
  • Email:
  • Address:
  • +353 1 8411348
  • +353 1 8413865
  • Harper House
    43-45 Dublin Street
    Balbriggan K32 NX58
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Progressive Credit Union Ltd is Regulated by the Central Bank of Ireland. Reg No. 226CU