Hi all,
I want to setup a savings account for my kids. I have been looking at Zurich's saving products and the related tax implications.
I have a large capital loss from the sale of a property. Am I correct in saying that I can't use that capital loss to offset the exit tax on an EFT?
If that is the case, what is the best way for me to utilise that capital loss? Is buying individual shares the only way?
Thanks
I want to setup a savings account for my kids. I have been looking at Zurich's saving products and the related tax implications.
I have a large capital loss from the sale of a property. Am I correct in saying that I can't use that capital loss to offset the exit tax on an EFT?
If that is the case, what is the best way for me to utilise that capital loss? Is buying individual shares the only way?
Thanks