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Tax on ETFs

  • 21-12-2015 5:56pm
    #1
    blargh i cant pick a name
    Registered Users, Registered Users 2 Posts: 14 ✭


    I bought a few shares in an Irish domiciled ETF on degiro.ie a few months ago as first experiment into investing (It was a relatively small amount, €500). Then I didn't put any thought into the tax situation. I naively assumed that it would be dealt with automatically by the broker or revenue.

    I'm a complete novice when it comes to these matters, but from what I can find online I need to pay 41% on any gains if I sell, and every 8 years after the purchase date, and for any dividends, also at 41%. Which is done by filing a tax return. Is this correct?

    Dividends have been paid once, for ~€2. Would revenue see that whatever tiny amount of tax due on that is fully covered by my tax credits or do I need to file a tax return?

    Also, if I do need to file apparently I've missed the deadline for filing. Are there any serious repercussions from this?


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