Hi Marc, did you give any more thought to a practical approach for a petition, or was this just general musings? I'm humming and hawing about my current UCITS ETFS due to no loss relief.....Unfortunately each time you make a purchase of a UCITs ETF its treated as a distinct investment even if it is in the same "fund"
So you will have to pay tax on your gains even if some of your investments are showing a loss
The Sunday Business Post has a supplement on fund investing this weekend which I was asked to contribute to.
Just a thought but who would be willing to sign a petition to lobby to get this crazy situation changed?
I had my investment strategy all ready to go with etfs until revenue clarified the tax. Now I don't know what to do. I want stock and bond market exposure but not by an expensive mutual fund. Any ideas? Or are etfs best option to out perform deposits using DIY investing, even with tax disadvantages? I have neither time or knowledge to pick individual shares....