Hi,
I am Irish, living and working here again, but I took out a share based ISA for £5,500 as savings when I worked in England 10 years ago. I am now thinking of cashing in some of it. I am a PAYE worker and as far as I know revenue does not know about it. I reckon I will have to pay tax on any profit element it has acrued but what sort of tax will I have to pay and how will that be deducted? Any help gratefully appreciated.
Thanks
Stitcher
(I had put this query in another post about ISAs but thought it was better to start a new thread)
I am Irish, living and working here again, but I took out a share based ISA for £5,500 as savings when I worked in England 10 years ago. I am now thinking of cashing in some of it. I am a PAYE worker and as far as I know revenue does not know about it. I reckon I will have to pay tax on any profit element it has acrued but what sort of tax will I have to pay and how will that be deducted? Any help gratefully appreciated.
Thanks
Stitcher
(I had put this query in another post about ISAs but thought it was better to start a new thread)