Tax on UK Individual Savings Account

GSmith

Registered User
Messages
10
Hi,

I returned from the UK a number of years ago and I still have a small sum of money invested in an Individual Savings Account there - about £9,000. I would like to cash this in now. Does anyone know what the tax situation is with this? Has anyone else been down this road?

Thanks.
 
If it's a cash ISA you are due to pay tax on the interest for each year since becoming tax resident in Ireland.
If it is an investment ISA the tax treatment is a little more complex and depends on the underlying investment.
There is also potentially an additional complication if you are not Irish domiciled
 
Thanks Marc,

The ISA was an investment one. I have figured out that it was invested in both unit trusts and OEIC's.

As for domicile, I am Urish but I was in England for about 2-3 years when I opened this.

If you could give a bit more advice based on the above, I would be very grateful.

Thanks.
 
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