Jack Wall (Kildare South, Labour)
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Question 49: To ask the Minister for Finance if a person (details supplied) in County Kildare is entitled to a rebate in regard to stated savings; and if he will make a statement on the matter. [7396/12]

Michael Noonan (Limerick City, Fine Gael)
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I have been informed by the Revenue Commissioners that any person over the age of 65 whose total income (including the gross deposit interest) is less than the relevant exemption limit can claim a repayment of Deposit Interest Retention Tax (DIRT) paid by submitting a Form 54D. The relevant exemption limits for 2008, 2009 and 2010 were €20,000 for a single person and €40,000 for a married couple; for 2011 and 2012, the exemption limits are €18,000 for a single individual and €36,000 for couples in a marriage or in a civil partnership. Forms 54D for years 2008, 2009, 2010 and 2011 have been sent directly to the individual concerned to facilitate a claim for any refund due. Finance Act 2007 introduced new arrangements that allow any interest earned on money on deposit credited to a savings account in a financial institution to be paid without deduction of DIRT, where the following conditions are satisfied:

· Either the individual or her/his spouse or civil partner (if appropriate) is aged 65 or over when making the declaration; and

· His/her/their total income for the year will be below the relevant annual exemption limit.

If the taxpayer meets these conditions, an application can be made directly to the financial institution to have the interest paid without deduction of DIRT.

The application is made on Form DE1. A copy of this form has been sent directly to the taxpayer for completion and submission to the financial institution.

Jack Wall (Kildare South, Labour)
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Question 50: To ask the Minister for Finance if proper taxation is being deducted in respect of a person (details supplied) in County Kildare; and if he will make a statement on the matter. [7398/12]

Michael Noonan (Limerick City, Fine Gael)
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I have been advised by the Revenue Commissioners that based on the information available the taxpayer currently has the tax credits to which he is entitled. He is in receipt of a Department of Social Protection State Contributory Pension (DSP) in addition to a pension from his previous employer. The tax credits and rate bands available against the latter pension have been restricted to collect the tax due on his DSP pension.