Tax implications on returning stg funds

A

anneleonard

Guest
Hi,

I wish to cash in a 10,000stg investment I made in 1997 when I was living abroad.As far as I know it has not performed too well, however I want to bring it back here now and am wondering what the tax implications are?
I returned to Ireland in 2003.
Thanks
 
What kind of investment - insurance policy, unit trusts, deposit account, ... ?

In general, you would be liable for 20% tax on the capital gain from some date (probably the date of acquisition) to the date of disposal. To calculate the gain you would have to convert the £ to £IRL to € using an appropiate exchange rate.