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Form 11 loss on mutual funds?

voodoo child · 2014-01-22 20:41:25

Hi, I have €500 of Rabo mutual funds that I want to sell as the fund isn't performing at all well and is worth €20 less than I paid for it. I'm a PAYE worker so I don't have to file a tax return. If I sell the mutual fund at a loss will I be still automatically required to file a self assessment tax return (form 11 I…

22-01-2014 8:41pm

#1

voodoo child

Registered Users, Registered Users 2 Posts: 9 ✭

Join Date: February 2009

Posts: 4

Hi,

I have €500 of Rabo mutual funds that I want to sell as the fund isn't performing at all well and is worth €20 less than I paid for it. I'm a PAYE worker so I don't have to file a tax return. If I sell the mutual fund at a loss will I be still automatically required to file a self assessment tax return (form 11 I think)? Not really worth selling the funds if I'm going to have to go to the bother of filling in the form 11, especially when I'm making a loss and won't actually be paying any additional tax!

Cheers

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