martin2017
New member
@vescd Late to reply on this, but I’m curious what you think of my (probably unpopular) opinion regarding the CGT exemption.
Scrap the CGT threshold entirely (i.e. make it €0), and replace it with an ISA style system as mentioned in the OP above.
That way, you don’t have to withdraw €1269 every year to maximise your tax efficiency. Instead, you can fund the ISA account up to a certain amount (let’s say €10K) every year and let it grow and reap the benefits of compounding gains, without making any withdrawals.
When it comes time to withdraw, you can withdraw as much as you want without paying any tax on the gains.
Scrap the CGT threshold entirely (i.e. make it €0), and replace it with an ISA style system as mentioned in the OP above.
That way, you don’t have to withdraw €1269 every year to maximise your tax efficiency. Instead, you can fund the ISA account up to a certain amount (let’s say €10K) every year and let it grow and reap the benefits of compounding gains, without making any withdrawals.
When it comes time to withdraw, you can withdraw as much as you want without paying any tax on the gains.