Ok, I think I have this sorted for the shares part anyway. Can I get some help on the funds part? Still confused after reading the other posts on it.
Shares
Capital Gains Tax is applicable to gains made on the sale of shares
Revenue.ie:
Unused capital losses arising in the current or earlier years may be offset against the gain. (Unused losses are used before the annual exemption of €1,270). The first €1,270 of an individual’s annual gains is exempt. The balance is chargeable at 22%.
The amount of a chargeable gain or an allowable loss is determined by deducting any allowable expenditure from the consideration received for the disposal.
Allowable expenditure would include stock broking fees.
Losses
can be carried forward as stated on Revenue.ie:
Allowable losses are set against the chargeable gains of the same year and if the losses exceed the gains, the excess may be carried forward against gains of later years.
Dividend income from Irish companies is taxable as any other income. Hence tax is payable at your marginal rate (presumably plus the income levy) of income tax as pointed out in post by
Protocol.
For dividends income from UK companies you pay a 10% non-refundable tax to UK authorities. The
net amount is also taxable in Ireland as income. This was pointed out in this post by
Domo.
Dividends from other countries are also subject to Irish income tax and to individual Double Taxation agreements.
Stamp Duty Irish Shares – 1%
UK Shares – 0.5%
Doesn’t apply to European and US shares