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This is the traditional credit union shavings account.
The maximum a member can save in a share account is1% of the assets of the Credit Union (an additional €100,000 can be lodged into a deposit account).
If you have a Regular Share Account any dividend earned must be declared to the Revenue Commissioners in your annual tax return and are liable to pay tax on it at your marginal tax rate of 0%, 20% or 41%.
