Advice re PRSI on Personal Portfolio Unit Linked with Irish Life

Abbeys

Registered User
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5
I have a Personal Portfolio Unit Linked investment with Irish Life (Property Investment Fund 11) sinse 1998, if I encash this policy now do I have to pay PRSI on any gains made.
 
No. You pay exit tax of 41% on the gain, which Irish Life will deduct from the value and give you the net amount.


Steven
http://www.bluewaterfp.ie (www.bluewaterfp.ie)
 
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