Do pensioners in Ireland pay tax on savings interest or is it taxfree after retirement?

29 Sept 2026, 22:28
Q A Reader Asker

Do pensioners in Ireland pay tax on savings interest or is it taxfree after retirement?

A Moaju Team Answered by

Retirement or receiving the State Pension does not automatically make savings interest tax-free in Ireland. Interest on many Irish deposit accounts is normally subject to Deposit Interest Retention Tax (DIRT), which the bank generally deducts before paying you. Some people aged 65 or over may be able to claim a refund where their total income is below the relevant exemption limit, but eligibility depends on their circumstances and the rules in force. Check Revenue.ie or Citizens Information for the current limits and refund process.

This Q&A is editorial content produced by the Moaju team. It does not guarantee any individual outcome.
Q&A Contact