05 September 2010

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Credit Union News

"Latest news, anouncements and important notices"

OFFICE OPENING HOURS

Our phone lines are open from 9am-5pm Monday to Friday. The office is open to our members from 9am-4:30pm Monday to Friday.

To contact us outside of office hours, please a message on our answering machine or send us an e mail either through the ’Contact Us’ page here on our website or at tuicreditunion@eircom.net

LATEST WINNERS IN PRIZE DRAW

The latest prize draw was run on 29th July. Congratulations to our lucky winners:

1st prize - ANONYMOUS OF CO WICKLOW

2nd prize - ANTHONY GERMAINE OF CO DUBLIN

3rd prize - CARMEL BRENNAN OF CO GALWAY

Its still not too late to join next months draw - it only costs €5 per month. Just download the application form from our home page or contact the office for more details.

As our growing list of winners will confirm.............

IT COULD BE YOU............

DIRT TAX AND YOUR CREDIT UNION ACCOUNT

You may be aware that on 1st January 2003, new regulations were introduced that changed the system of taxation of credit union share dividends. This will effect the dividend from 2003 onwards
You now have two basic share account options:
a) SPECIAL SHARE ACCOUNT - the credit union will deduct DIRT (Dividend Interest Retention Tax) at 25% from your dividend.
b) REGULAR SHARE ACCOUNT - no change is made to your account and you are required to declare your annual dividend each year as part of your annual tax return. DIRT tax will be calculated according to your income tax band.

You can change your account at any time - just contact the office to request the necessary form.

Updated: 04 August 2010