Damn, I like taxes BUT I will never move to Netherlands now.

[Dopious]

They suggested 36% capital gain taxes on unrealized gains starting 2028, hmm.

So if you invest 100K and the value goes up say 50K you will pay 36% tax on the 50K that year even if you have not sold your assets, hmm.

Source: https://www.imidaily.com/europe/dut...ax-on-unrealized-crypto-stock-and-bond-gains/

 

[Outlaw]

They suggested 36% capital gain taxes on unrealized gains starting 2028, hmm.

So if you invest 100K and the value goes up say 50K you will pay 36% tax on the 50K that year even if you have not sold your assets, hmm.

Source: https://www.imidaily.com/europe/dut...ax-on-unrealized-crypto-stock-and-bond-gains/

Ireland dropped from 42% to like 38% hahahaha

Nearly have nothing compared to the UK's ISA's too, we can invest for high returns over like 8 years into start-ups that we vet...

Our only real breaks are prize bonds...

 

[Octavia]

They suggested 36% capital gain taxes on unrealized gains starting 2028, hmm.

So if you invest 100K and the value goes up say 50K you will pay 36% tax on the 50K that year even if you have not sold your assets, hmm.

Source: https://www.imidaily.com/europe/dut...ax-on-unrealized-crypto-stock-and-bond-gains/

I hate this country.

Everyone is always so positive about it, but honestly this country just sucks. You pay so much everywhere, that you can never have enough to move or own anything.

 

[Dopious]

Ireland dropped from 42% to like 38% hahahaha

Yeah, but you don´t get taxed untill you sold your assets, that is what the problem is here.

 

[Outlaw]

Yeah, but you don´t get taxed untill you sold your assets, that is what the problem is here.

CGT in Ireland hits every 8 years... Realized or not ;(

 

[t2van]

Ireland dropped from 42% to like 38% hahahaha

Nearly have nothing compared to the UK's ISA's too, we can invest for high returns over like 8 years into start-ups that we vet...

Our only real breaks are prize bonds...

Prize bonds are for mugs... your money doesn't work for you there's no point putting money inside it... the amount you have to put in to win something (if you look at NSI bonds) to have any chance means what you do win is nothing vs what you would have made from compound intrest.

Bonds can be OK but only part of a wider portfolio 95% of normal people should avoid them.

Nothing wrong with a solid ISA there are tons of choices out there get a good life time return depending on the risk you want to take - over the course of the life it will out perform most things compared to what your average person does with a savings account earning bottom barrel interest.

UK has it's own issues as well with tax... gov is closing down the 20k allowance to make it 12k without any tax issues forcing you to invest the other 8k into stocks and shares for the tax they can charge you later on gains.

I think the plan if the current gov stays in power that that 12k will become lower and lower.

Entire system is a joke.

 

[Dopious]

CGT in Ireland hits every 8 years... Realized or not ;(

Damn, and people think Sweden is expensive we got 30% on sold gains exept from up to 30K if we invest in an ISK account that is 0% up to about $30K above that it is taxed.

 

[t2van]

Damn, and people think Sweden is expensive we got 30% on sold gains exept from up to 30K if we invest in an ISK account that is 0% up to about $30K aove that it is taed.

UK depending on your tax bracket you can earn say £500 I think tax free in interest after that its 40% on anything after so example if you made £1000 in interest £500 is safe the other £500 you pay 40% tax on....

 

[Outlaw]

Damn, and people think Sweden is expensive we got 30% on sold gains exept from up to 30K if we invest in an ISK account that is 0% up to about $30K aove that it is taed.

UK's ISA is $20k I'm sure, real cool stuff

Imagine I had a fiver I'd be dangerous