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Hello, On investment products offered by places such as Irish Life and Zurich, are tax on gains taken based on the full value of the fund on year 8 of the policy? or does it work like the deemed disposal tax, where if you make a contribution on year 2 of the policy the tax will be taken on...

Does anybody know? Thanks

Thanks for the response. The interest from the BoI saving accounts would be less than €1k. And yes I think you are correct in regards to PRSA. I think if contributions are made outside of the net pay arrangement then you would need to file a return to claim relief. Also, If you sell your...

Hmm my understanding was that funds from life assurance companies do not create an obligation to file a return. I assumed the same could be said for a BoI savings account?

Hello, If you are a PAYE employee and you have: A Bank of Ireland savings account earning interest. An Irish Life investment fund savings plan (such as MAPS, Consensus Fund). A PRSA pension which you contribute to from salary (net pay arrangement, under 15% limit, no employer contributions)...

Ah interesting, I think you may be correct. But out of curiosity, does anybody know what specific section of the return you would declare this type of interest? Thanks

Thanks for the response. If I had $0.50 interest, would that round up to $1? or down to $0?

Hello, So apparently DeGiro(brokerage) invest your idle cash balance into a ucits cash fund automatically. I received a $0.02 distribution from this fund. I guess it is interest earned from me holding USD in my account. My question is how do you account for this income on the form12 tax...

Thanks for the response. So Degiro invest your idle cash balance into a UCITS fund automatically. I guess my question is, what section of my return would distributions from this fall under? Would it be US dividends, Non-deposit interest, other foreign dividends, other foreign income, or is it...

Hello, I have some shares in a US domiciled ETF on DeGiro, this is my only holding. I have however randomly received a $0.02 distribution from a "FundShare Ucits USD Cash Fund". I assume this is interest earned from DeGiro holding my USD dividends from the ETF. I am PAYE and filed my form12...

Thanks for the replies, very helpful!

Oh interesting, so a PAYE worker does not pay PRSI on US dividends if the total amount is less than 5k euro?

Thats handy, thanks for the reply! Does anyone know about this? Thanks

Hello, I am a PAYE worker and last year I received US dividends and I just want to make sure i'm not missing anything. I submitted my form12 online detailing the dividends and then I received a p21. The p21 does not mention PRSI anywhere. Do I pay PRSI on the dividends some other way? Or does...

Hello, Is it possible to return dividends from UCITs ETFs on a form 12? If so, which section does it fall under? Thanks

Say you use something like DRIP to automatically reinvest dividends. And you also make sure to invest new funds as quickly as possible. And you never hold onto more than 100$ for longer than a day or two. Would it then be acceptable to ignore currency gains? Thanks

I thought the location of the asset determines the estate tax and not the broker's location?

Appreciate all the help Sarenco, thanks!

Sure I will see. The AIC website says F&C has an annual charge of 0.54%, is this figure likely to change through the years? Also any idea what a "Special Dividend" is?

Thanks Sarenco, sounds good. Yep I am definitely interested in F&C. I am just worried about putting most of my money into one company, even if it has been around since 1868.