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Credit Card Stamp Duty

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  • 17-05-2005 7:44pm
    #1
    Closed Accounts Posts: 4,038 ✭✭✭


    I just cancelled my credit card with AIB. They told me that the €40 stamp duty would become due. I said I paid this in April. They said it was due in arrears i.e. that the €40 I paid in April was for 2004. This €40 is for 2005. My memory is a bit hazy on this but wasn't the stamp duty increased in the December budget with the first payment of this new higher stamp duty the following April (of whatever year it was increased). Given that it's AIB I don't trust them very much.


Comments

  • Closed Accounts Posts: 29,476 ✭✭✭✭Our man in Havana


    AFAIK there is a €40 penalty charge when you close a CC account. You have gone one month into this year and so you owe another €40. Sucks I know:(


  • Closed Accounts Posts: 3,506 ✭✭✭woody


    Do what I did and I told them to RAM it.....Lets see how much they pursue it...


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