Dividend Withholding Tax (DWT) Return
Ensuring your company stays compliant when paying dividends
What Are Dividend Withholding Tax Returns?
If your company pays dividends to shareholders, you may be required to withhold tax before making the payment. This is known as Dividend Withholding Tax (DWT) and must be reported to Revenue through a DWT return. The current rate of DWT in Ireland is 25%, unless an exemption applies.
At Richard OShea Consultancy, we make sure your DWT returns are accurate, exemptions are applied correctly, and shareholder payments remain fully compliant.
Who Needs to File?
- Irish resident companies paying dividends to shareholders
- Companies distributing profits to both Irish and non-Irish residents
- Businesses with complex ownership structures, including trusts and holding companies
What’s Included?
Our DWT support service covers:
- Preparation and filing of Dividend Withholding Tax Returns
- Correct calculation of tax to be withheld
- Assistance with identifying exemptions and reduced rates (e.g., under double taxation agreements)
- Preparing shareholder exemption forms (Form V2A / V2B)
- Guidance on timelines and payment procedures
- Support with Revenue queries and compliance checks
Why It Matters
Avoid penalties: Late or incorrect filing can result in fines
- Compliance assurance: Ensure shareholder payments follow Revenue rules
- Optimised tax treatment: Apply exemptions and treaty benefits where eligible
- Confidence for shareholders – Demonstrate correct tax handling and reporting
Frequently Asked Questions
What is the DWT rate in Ireland?
The standard rate is 25%, but exemptions may apply.
Who is exempt from DWT?
Certain shareholders, such as Irish resident companies, pension funds, and non-residents in treaty countries, may qualify for exemption.
When are DWT returns due?
DWT must be reported and paid to Revenue by the 14th day of the following month after dividends are paid.
Next Step
Paying dividends shouldn’t add unnecessary stress. Let Richard OShea Consultancy handle your DWT compliance so you can focus on rewarding your shareholders
