If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Calculating E.A.R

rob555mark · 2010-12-07 16:54:42

Hi, I have recently opened a savings account with 3.5% E.A.R but can anyone tell me roughly what I could expect to gain on a balance of €4500 to €4800 every year, I think I would have to pay 25% to the government? I tried online calculators but no luck!

07-12-2010 4:54pm

#1

rob555mark

Registered Users, Registered Users 2 Posts: 73 ✭✭

Join Date: July 2010

Posts: 51

Hi, I have recently opened a savings account with 3.5% E.A.R but can anyone tell me roughly what I could expect to gain on a balance of €4500 to €4800 every year, I think I would have to pay 25% to the government? I tried online calculators but no luck!

0

Comments

#2 07-12-2010 4:57pm

Victor

Registered Users, Registered Users 2 Posts: 78,580 ✭✭✭✭

Join Date: December 2000

Posts: 68941

€4,500x0.035x(1-.25)=€118

0
#3 07-12-2010 5:03pm

rob555mark

Registered Users, Registered Users 2 Posts: 73 ✭✭

Join Date: July 2010

Posts: 51

Woo, that was quick, I was going to check back later tonight;)

0
#4 07-12-2010 7:20pm

Kennie1

Registered Users, Registered Users 2 Posts: 302 ✭✭

Join Date: February 2010

Posts: 297

Victor wrote: »

€4,500x0.035x(1-.25)=€118

Now its 27% DIRT Thanks FF!

0