What is GOV DUTY ATM\POS

halkar · 26-01-2015 11:58AM #1

Hi
I see two entries in my account for GOV DUTY ATM\POS each €5. Is this something new? Could you explain what is this?

Thank you

MarkR · 26-01-2015 12:00PM

http://www.citizensinformation.ie/en/money_and_tax/tax/duties_and_vat/stamp_duty_on_financial_cards.html

halkar · 26-01-2015 12:05PM

Thank you. So if there are two cards in the account it is €5 each.

MarkR · 26-01-2015 12:13PM

Yep. That's how they get you! :D No way to avoid it, all the banks have it.

Ally Dick · 26-01-2015 04:22PM

And it is the government charging it and not the banks

Bank of Ireland: Billy · 27-01-2015 09:55AM

[font=Arial, sans-serif]Hi folks,[/font]

[font=Arial, sans-serif]Government Duty applies annually in January to your Visa Debit Card. Currently €2.50 is applied if you have used the Point of Sale functionality (including Contactless) and €2.50 is applied if you have used the ATM functionality. A total of €5.00 is applied if both functions are used at any time during the year.[/font]

[font=Arial, sans-serif]This is a Government Duty and not a bank charge.[/font]

[font=Arial, sans-serif]Thanks[/font]

[font=Arial, sans-serif]Billy[/font]

What is GOV DUTY ATM\POS

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