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GOV DUTY ATM POSxxxx

  • 18-02-2017 4:40pm
    #1
    tuisginideach
    Registered Users Posts: 2,081 ✭✭✭


    'Government Duty ATM Point of Sale (I presume)' has appeared on my online BofI account - .96 cent. How on earth was that amount calculated?


Comments

  • #2
    Nervous Wreck
    Closed Accounts Posts: 16,115 ✭✭✭✭Nervous Wreck


    12c per transaction up to a max of €2.50 (yep, not evenly divisible, I can't even...), so 8 transactions.


  • #3
    [Deleted User]
    Posts: 24,714 ✭ [Deleted User]


    Same thing appeared on my account yesterday out of the blue for 4.56??


  • #4
    Delta2113
    Registered Users, Registered Users 2 Posts: 2,736 ✭✭✭Delta2113


    Baylor Mysterious Door wrote: »
    Same thing appeared on my account yesterday out of the blue for 4.56??

    The annual Government Stamp Duty cost will be charged at a rate of €0.12 per ATM transaction. Government Stamp Duty only applies to ATM transactions carried out within Ireland (excluding Northern Ireland). This charge is capped at €2.50 if you only use your debit card for ATM transactions and capped at €5 if you use your debit card for both purchases and ATM transactions.


  • #5
    tuisginideach
    Registered Users Posts: 2,081 ✭✭✭tuisginideach


    Thank you to all - and if I get cash as part of a transaction in a shop, am I charged the Gov duty? I can't see a reference to this in banks' info.


  • #6
    ct5amr2ig1nfhp
    Closed Accounts Posts: 5,019 ✭✭✭ct5amr2ig1nfhp


    Which back are you with?


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  • #7
    [Deleted User]
    Posts: 24,714 ✭ [Deleted User]


    I thought the gov charges were at the end of march/start of April?


  • #8
    Delta2113
    Registered Users, Registered Users 2 Posts: 2,736 ✭✭✭Delta2113


    tuisginideach wrote: »
    Thank you to all - and if I get cash as part of a transaction in a shop, am I charged the Gov duty? I can't see a reference to this in banks' info.

    - No it's only ATM withdrawals in the Republic of Ireland when you are charged the Government duty.


  • #9
    Delta2113
    Registered Users, Registered Users 2 Posts: 2,736 ✭✭✭Delta2113


    Baylor Mysterious Door wrote: »
    I thought the gov charges were at the end of march/start of April?

    - That's the €30 Credit Card Government duty.


  • #10
    tuisginideach
    Registered Users Posts: 2,081 ✭✭✭tuisginideach


    Thanks very much, must remember that!


  • #11
    Lux23
    Registered Users, Registered Users 2 Posts: 7,134 ✭✭✭Lux23


    Mine was the full fiver on one card and 2.50 on another one.


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  • #12
    Delta2113
    Registered Users, Registered Users 2 Posts: 2,736 ✭✭✭Delta2113


    Lux23 wrote: »
    Mine was the full fiver on one card and 2.50 on another one.




    If you had just used the card that was capped at €2.50 for all ATM withdrawals you could have saved yourself €5.


  • #13
    Bubbaclaus
    Registered Users, Registered Users 2 Posts: 4,461 ✭✭✭Bubbaclaus


    Delta2113 wrote: »
    If you had just used the card that was capped at €2.50 for all ATM withdrawals you could have saved yourself €5.

    Could've paid off the mortgage with that kind of saving.


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