Revenue eBrief No. 163/23
14 July 2023
DIRT and Company, Pension Scheme and PEPP Provider Deposits
Tax and Duty Manual Part 08-04-02- Company, Pension Scheme and PEPP Provider: Deposits and Foreign Bank Accounts - has been updated to reflect the Finance Act 2022 amendments in respect of PEPP Providers.
The amendments provide that interest on a deposit of a PEPP Provider that is an asset of a PEPP can be paid gross [i.e. without deduction of Deposit Interest Retention Tax] where a declaration, in accordance with Section 263F Taxes Consolidation Act 1997, has been provided to the deposit-taker.