How to avoid paying tax on investments? Thinking long term when I cash out.

Emigrate before cashing out, to less socialist loon driven country. So long as you don't return, you can also ignore the three year bollox.

Stocks or EFTs or both?

EFTs are due CGT after 8 years of you don't sell.

Who knows what things will be like in 2 years, never mind 20.

All you can do is plan with the information you have today.

Have a look at the OP's other threads before you decide to reply.

No house? Where do you live?

If the loan is not paid back, the collateral would be liquidated - which would trigger CGT on any gain.

The scheme proposed above is no more tax compliant than a suggestion to cash them in at 100% and just not tell Revenue.

The fact that someone might have an anecdote that they know someone who did this and got away with it should not be confused with proof that it is a way to avoid tax legitimately.

Seems that it was the case back in 2018 according to Brendan Burgess.

Also the law in UK , in similar circumstances.

What is the tax position on a repossession of a property?

 Share

Question:

Is capital gains tax due on a property that was repossessed by the bank after the owner died? 

Arthur Weller replies: 

If you look at HMRC’s Capital Gains manual you can see that when a property is repossessed it is deemed as though the debtor sold it. If you look at CG30540 you can see that the personal representatives of the deceased are treated as having acquired the property at its market value on the day of death, and the capital gain is calculated accordingly. 

No CGT on your own residence. CGT due on any capital gain from other property. No capital gain means no CGT

You must be envisioning some sort of edge case scenario where you buy a property, don't keep up repayments such that the accrued interest eats up not only your own deposit plus whatever capital gain was on top of your purchase price.