Deemed disposal

Paying exit tax on a fund every eight years as if you'd sold it, even if you haven't.

Every eight years from purchase, an investment in a fund or exchange-traded fund is treated as sold and bought back. Exit tax is due on the gain. Tax paid is credited when you actually sell.

Work it out

• ETF exit tax and deemed disposal →

Related terms

Exit tax · ETF

All terms · General information, not tax advice.