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Tax on investments

  • 16-10-2018 11:52pm
    #1
    BonesJones1
    Registered Users Posts: 63 ✭✭


    At what point do you have to pay tax on investments? Up to 1000 you pay no tax on dividends right.? Then with regard to shares , say they raise by €1000 do I have to pay tax on that ? Also how does revenue know you have share holdings like how would they find it out?


Comments

  • #2
    Skelet0n
    Registered Users Posts: 372 ✭✭Skelet0n


    BonesJones1 wrote: »
    At what point do you have to pay tax on investments? Up to 1000 you pay no tax on dividends right.? Then with regard to shares , say they raise by €1000 do I have to pay tax on that ? Also how does revenue know you have share holdings like how would they find it out?

    Wrong. There’s no untaxed dividends. https://www.noonecasey.ie/guide-to-irish-tax/taxation-of-dividends/

    The first 1270 is tax free for CGT then normal CGT rate after.

    They’re the revenue, that’s how they find out.


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