Richard Bruton (Dublin North Central, Fine Gael) | Oireachtas source

The note I have refers to Revenue Commissioner practice. Obviously interest rates are very low at the moment. On €10,000 in an ordinary deposit account for example, one might only earn €100 in interest in a year. Obviously, we will have to get information from the Revenue Commissioners as to the figure they use but they have an arrangement in place whereby if the non-PAYE source of income is insignificant relative to the PAYE source, they do not require such persons to make tax returns and they are not subjected to PRSI.

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