K KCT Registered User Messages 90 6 Jun 2007 #1 I understand that Quinn will take 23% exit tax on the growth of funds but does anyone know if they take into account the €1270 personal tax exemption. Do you have to contact the Revenue to reimburse if they don't allow for it ?
I understand that Quinn will take 23% exit tax on the growth of funds but does anyone know if they take into account the €1270 personal tax exemption. Do you have to contact the Revenue to reimburse if they don't allow for it ?
C CCOVICH Registered User Messages 8,826 6 Jun 2007 #2 You cannot use the €1270 exemption when selling unit linked funds that are taxed at 23%.
K KCT Registered User Messages 90 7 Jun 2007 #3 I thought the CGT personal allowance applied to any capital gain so thanks for clearing that up for me.
I thought the CGT personal allowance applied to any capital gain so thanks for clearing that up for me.