Kevin Elliott

speaker

823 appearances 2 recordings 1 series first heard Jul 2026 last heard 15 Sep

Kevin Elliott’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 2 in all, peaking in Sep 2026 with 1.

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It's the portion that you put in in year one.

So it's not year two, year three, year four.

It's just year one.

And that cycle continues.

Okay.

It is a very draconian tax.

You know, it impedes people who are doing the right thing, thinking for the long term.

Trying to be sensible about it.

Trying to be sensible.

Yeah.

So it's something that I'm passionately against.

Yeah, so capital gains tax, any type of fund you invest in.

So if it's EU domiciled in Euro, you pay exit tax.

So with exit tax, the rate, the tax you pay and the gain is 38%.

And then we also have the deemed disposal, which we just touched upon.

So capital gains tax is a rate of 33%.

And it applies to, well, essentially any gain that's a non-fund, right?

So for instance, if you had an investment property and you sold it, you pay 33%.

If you invested in a direct share portfolio, like for instance, you purchased NVIDIA and you sold it, you pay 33% on the gain.

The second thing about capital gains tax is there is no deemed disposal.

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