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Exit tax on BOI Life policy

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  • 01-12-2017 11:04pm
    #1
    markeymark
    Registered Users Posts: 88 ✭✭


    Hello BOI,

    I was checking if exit tax was automatically applied when a BOI Life policy is closed or encashed? Is there any other action for the personal customer to take, i.e. is a tax return necessary... I presume not?

    Thanks


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    #2
    Bank of Ireland: Sarah
    Closed Accounts Posts: 1,640 ✭✭✭Bank of Ireland: Sarah


    Hi markeymark,

    Thanks for getting in touch with us on Boards.

    We are just going to double check this for you and will get back to you asap.

    Thanks,
    Sarah


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    #3
    Bank of Ireland: Sarah
    Closed Accounts Posts: 1,640 ✭✭✭Bank of Ireland: Sarah


    markeymark wrote: »
    Hello BOI,

    I was checking if exit tax was automatically applied when a BOI Life policy is closed or encashed? Is there any other action for the personal customer to take, i.e. is a tax return necessary... I presume not?

    Thanks
    Hi markeymark, 

    Thanks for your post.

    It would be best to contact our BOI Life team on 1890 309 309 as they will be happy to confirm this for you on your specific policy. 

    Thanks,
    Sarah


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