A key area for an effective wealth management strategy is that of tax mitigation. Private Wealth Portfolio has been designed to help clients optimise their tax, in a compliant manner.

An Irish life insurance fund does not pay capital gains tax, corporation tax or income tax on the assets held within the fund, so clients’ Private Wealth Portfolio can grow free of taxation.

This tax advantage also applies when one asset is sold and another is bought within the Private Wealth Portfolio, as no capital gains tax liability arises. This enables the Portfolio Manager to pursue investment objectives free from the immediate consideration of tax consequences that may arise from switching between investments.

Please note that an individual’s liability will depend on the person’s own personal circumstances and advice should be obtained from an independent financial adviser.