Exit Tax on Quinn Products

Two things:

1. The Quinn site quotes an exit tax rate of 28%.
AFAIK the standard CGT in Ireland = 25%. Where does the other 3% come from?

2. If you have 3 quinn funds and cash in one, is the exit tax only based on the growth of the one your selling?

Many thanks.

This is life insurance exit tax, and is nothing to do with CGT. It's linked to the DIRT rate.

If you have three funds and cash in one, the tax would depend on whether these are three separate policies. If they are separate, then the tax is applied to the growth of each separately. If it's one policy, then the overall growth to date is what matters.