Tax and investments

Frozen Veg

What's the most tax efficient way of investing long term?

For example, investing a set amount each month/year with the objective of accessing it in approx 20 years time.

Considering monthly purchase of indexed funds/ETFs or payroll input to AVC but trying compare tax implications.

marathonic

Pension contributions without any shadow of a doubt if you aren't already maxing your contributions and don't need access until whatever age your scheme permits access.

Be careful of ETF's and deemed disposal tax rules.

Frozen Veg

Thank you.

In addition to setting up an AVC, I am considering a one off lump sum investment in indexes or ETFs (approx €10k).

Is there any way of avoiding having to make annual tax declarations and payments? Is there any difference between indexed funds and ETFs in that regard.

I have no issue paying tax when the investments are cashed out, but I want to avoid having to administer tax returns and amounts annually if that is possible.

Wossack

I’m looking into similar myself. Consider an accumulating ETF instead of a divesting one so you don’t have to deal with dividend income. Unless there’s something else (I’m no expert !) I think it should be hands off, bar the deemed disposal every 8 years