-Brendan 02/07/2004the income is liable to tax at 42% compared to 20% dirt on deposits. (The capital gain may be tax free - check it out if it's relevant).
Where does the confusion arise? Bond income is assessable for income tax at your marginal rate (20% or 42%). Any gain arising from the sale of the bond is assessable for CGT.Could this be clarified a bit?
Inflation adjusted Euro bonds are available from France, Italy and Greece. Information on the French bonds (OAT€i) are [broken link removed]
If you are exempt from income tax and bond income does not push you into the tax net then presumably all of your income remains tax free?Thank you for the reply.
So if I am retired and so not receiving much income, I may not pay any tax on the bond interest payments?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?