Taxes and charges
Taxes
Top Tip
Before you invest, you should be provided with a written document outlining the taxes you will be liable to pay.
Before choosing an investment, make sure you understand exactly what the tax bill will be on any profit you make. The rate of tax you may be liable for will depend on the type of investment product you have, as well as other factors such as:
- where the fund you invested in is based i.e. is it an Irish or foreign fund
- how the fund is structured
- the extent to which you may be exempt from tax on returns or may be able to reclaim tax deducted from the profit you made
Below is a list of common investment taxes that apply to Irish investments. Before you invest, talk to your financial adviser about what exact taxes apply to the investment, when they have to be paid and if you can apply for any tax relief or exemptions. You can also get more information on revenue.ie.
If you are buying investments directly without financial advice, it may be useful for you to seek advice from a tax expert about your requirements.
Capital Gains Tax
Exit Tax
Dividend Withholding Tax
Deposit Interest Retention Tax (DIRT)
In some circumstances, the profit you make may also be subject to USC, PRSI or income tax.
Charges
Top Tip
Before you invest, you should be provided with an information document setting out all the fees and charges you will be liable to pay.
Before investing, make sure you fully understand the fees and charges that you will have to pay. Some charges can be once off, while others may be charged on an ongoing basis and can significantly reduce the value of your investment.
Below is a list of common fees and charges that apply to Irish investments. Before you invest, talk to your financial adviser about what exact fees and charges you will be liable to pay and when they will be applied to your investment.
Entry charges
Exit charges
Ongoing charges
Early encashment fee
Commission
Last updated on 13 September 2021
