I am over 50 and still in full time employment and will be for another 15 years I have a pension that I am thinking of cashing in and can avail of 25% tax free and the remaining to be taxed accordingly as per PAYE revenue tax system.
When I do my Form 11 tax return and if I have made a lost with other investments for same year can I offset the loses against the income tax i will pay on 75% of my pension?
cheers
When I do my Form 11 tax return and if I have made a lost with other investments for same year can I offset the loses against the income tax i will pay on 75% of my pension?
cheers