An investment option away from pensions and housing, finally!
They’ll change it to 40% and act like it’s a massive favour
>plan for consideration in budget 2026
I’ll start holding my breath.
I want this but not going to hold my breath. This has been something the government has said was “just around the corner” for several years now.
Worth noting that FF and FG were the *only* parties that pledged to do this in their manifestos – just so anyone happy at the news knows who to thank.
I definitely think there should be a tax on Capital Gains but, as with all things, it shouldn’t be a flat rate. If you’re Johnny Big Bucks and you close your positions, you should get taxed the full 41%. If you’re a normal person just treating investments like a savings account, then that amount should be more in line with DIRT or even less. Speaking of DIRT, that should be scaled as well. Why should someone on low-income with a bit of savings lose 30% of their interest earned, the same way wealthy people do? Just a small tax bracket based on your liquid assets and income would do.
Well known since last September tbh.
It likely won’t be this budget but in this gov
What about raising capital gains , hasn’t been raised since we switched to the euro
I brought this up with Pascal on the doorstep.
This is long overdue. It made absolutely no sense whatsoever. What I’d say to everyone here is when they bring out financial packages get involved and cover yourselves financially.
It’s mad to think that there is no tax on the lottery wins, no tax on gambling wins but try to act responsibly and invest in your future so you don’t have to rely on the state and you get punished with massive tax penalties.
R/ irishpersonalfinance has collectively messed their pants
Let’s not get too invested in this as it might not pay dividends.
The quick fix is just to get rid of deemed disposal. It’s an absolutely insane and stupid tax.
We also need to raise our capital gains thresholds which have also been unchanged for decades. These are actually things which affect ordinary people and investors.
AT L O N G LAST!
Well about fucking time, 20 years too late. I suppose since investing in property is no longer possible except for the mega wealthy they finally need to consider something else for those few with money to invest.
Does this get rid of the law where you have to pay tax every 7 years regardless if you sold your stocks? Sorry I’m not finance savvy
17 comments
An investment option away from pensions and housing, finally!
They’ll change it to 40% and act like it’s a massive favour
>plan for consideration in budget 2026
I’ll start holding my breath.
I want this but not going to hold my breath. This has been something the government has said was “just around the corner” for several years now.
Worth noting that FF and FG were the *only* parties that pledged to do this in their manifestos – just so anyone happy at the news knows who to thank.
I definitely think there should be a tax on Capital Gains but, as with all things, it shouldn’t be a flat rate. If you’re Johnny Big Bucks and you close your positions, you should get taxed the full 41%. If you’re a normal person just treating investments like a savings account, then that amount should be more in line with DIRT or even less. Speaking of DIRT, that should be scaled as well. Why should someone on low-income with a bit of savings lose 30% of their interest earned, the same way wealthy people do? Just a small tax bracket based on your liquid assets and income would do.
Well known since last September tbh.
It likely won’t be this budget but in this gov
What about raising capital gains , hasn’t been raised since we switched to the euro
I brought this up with Pascal on the doorstep.
This is long overdue. It made absolutely no sense whatsoever. What I’d say to everyone here is when they bring out financial packages get involved and cover yourselves financially.
It’s mad to think that there is no tax on the lottery wins, no tax on gambling wins but try to act responsibly and invest in your future so you don’t have to rely on the state and you get punished with massive tax penalties.
R/ irishpersonalfinance has collectively messed their pants
Let’s not get too invested in this as it might not pay dividends.
The quick fix is just to get rid of deemed disposal. It’s an absolutely insane and stupid tax.
We also need to raise our capital gains thresholds which have also been unchanged for decades. These are actually things which affect ordinary people and investors.
AT L O N G LAST!
Well about fucking time, 20 years too late. I suppose since investing in property is no longer possible except for the mega wealthy they finally need to consider something else for those few with money to invest.
Does this get rid of the law where you have to pay tax every 7 years regardless if you sold your stocks? Sorry I’m not finance savvy
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