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

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So anything what the the value of the account

breaches or goes over the tax free threshold, a tax kicks in.

Now don't ask me what it is in Swedish Kona, but the equivalent is twenty seven thousand euro.

Okay.

then at anything above in your account, anything above twenty seven thousand euro is taxed.

The rate of tax in Sweden, it varies.

Today it's one point zero six six for argument's sake, it's one percent.

Okay.

Let's just use that as a reference point now for how this what this could look like.

So let's just say we can round up a little bit and we say, okay, the contribution limit in Ireland is twenty thousand euro.

The tax free threshold is thirty thousand euro and the tax rate is one percent.

So if you're fortunate enough and you're in a position

In that calendar year you have put in twenty thousand euro, hypothetically.

Doesn't grow

You don't pay any tax because it's it's ten thousand euro below the threshold.

Year two.

You contribute.

An additional twenty thousand.

So you've put forty thousand euro in.

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