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@calebminson 100%

@gardenlady This consultation scares me a little I have to say. Call me cynical but this looks like the perfect setup to align every investment product to the least favourable tax treatment in the name of consistency. For exemple, when they are saying that there were concerns raised about...

@chris1984 Depends on how you look at it. The OP was suggesting to buy relativitely short term bonds as an alternative to deposit accounts as an attempt to avoid DIRT (so presumably holding the bonds to maturity to avoid any risk of capital loss with the principal; and relying on the coupons)...

@spiritsight It would be good for someone to confirm, but I suspect it is only tax-free if your get one of the products available on statessavings.ie. And over there, I don’t see anything close to 4% for a one year period. Edit: just googled it and found some bond issuance circulars from the...

@resjudicata The first thing to do is to have an open discussion about what the scope for the government is (the government isn’t always the best solution to every issue). Only once this is agreed, then comes the time to discuss what a reasonable level of funding is for what’s in scope, and...

@resjudicata Yes I also find their answer unconvincing. Also they are referring to escrow accounts which would be worthy of more explanations. If those are truly escrow accounts, neither TR not the depositors are the legal owners of the funds anymore: the escrow agent is (they have a duty to...

@scareddofthedecline This is what they are saying. But it doesn’t quite line-up with typical rules for deposit guarantee schemes. Typically to be protected, an individual needs to be a direct customer of a licenced bank and have an account under their own name (there are other ways to be...