With interest rates on savings accounts in Ireland so low , some people might be looking into alternative investment options for some of their money.Buying shares is one method of potentially making a return from an increase in share value and also from dividends. After sharp falls in share prices in March, there has been […]
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Investing in Shares is becoming more widespread in Ireland as share dealing prices come down and online trading becomes more common . We have already written about how to buy shares online in Ireland – but this article is about the taxation of any profits you make from shares. Capital Gains Tax If you sell […]
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An Exchange Traded Fund (ETF) is essentially a portfolio of shares managed by an investment professional. Shares in an ETF can be bought and sold through a stockbroker just like shares in a company. An ETF, sometimes referred to as a tracker, is a product that follows an index, commodity, bond or composition of products. […]
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Stamp Duty Rates in Ireland 2020 All house purchases in Ireland are now liable for stamp duty.Any Stamp Duty exemptions for house purchases were removed in December 2010. Stamp Duty Rates on Residential Property Purchases in Ireland 2020. 1% on properties valued under 1 Million Euro For properties valued over €1 million, a rate of […]
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In Ireland the government charge a tax on the interest you receive on savings accounts in Ireland. This tax is known as Deposit Interest Retention Tax or DIRT for short. Since January 1st 2020 the rate of DIRT is 33% Meanwhile, the exit tax on investments such as equity funds and ETF’s remains at a […]
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