{
  "id": 4306575,
  "title": "State-backed investment account offers tax-free threshold",
  "url": "https://urgent.news/2026/08/29/state-backed-investment-account-offers-tax-free-threshold",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-29T23:40:49.000Z",
  "source": {
    "name": "RTE News",
    "slug": "rte-news",
    "url": "https://www.rte.ie/news/politics/2026/0830/1589695-state-backed-investment-account-offers-tax-free-threshold/"
  },
  "original_language": "en",
  "account": "The new personal-investment account scheme, set to be introduced by the Irish Government, offers several key features including a tax-free threshold and a no-deemed disposal tax. Savers will have the ability to invest in various instruments such as shares, bonds, and ETFs, but risky assets like crypto and derivatives will not be permitted. Tánaiste Simon Harris is scheduled to unveil a roadmap for the scheme, which is anticipated to launch early next year. This roadmap reveals that the deemed disposal tax, typically applied every eight years, will not apply to funds held in these investment accounts. Instead, providers will be responsible for calculating, reporting, and paying the required tax on behalf of investors. The account will also have a tax-free threshold with a low flat rate of annual tax for funds exceeding this threshold; below this, no tax will be due. There will be no minimum contributions, holding periods, or lock-in requirements for investors, though an annual maximum contribution limit will apply. The specific values of the tax-free threshold, flat tax rate, and yearly contribution limit will be announced in October's budget. All Irish tax residents aged 18 or over will be able to open these accounts, with eligible providers including MIFF-authorised service providers, regulated fund managers, and insurers or firms. Currently, Irish households hold only 2.3% of their financial assets in direct investments compared to an EU average of around 7.5%. The primary goal of this scheme is to provide a simpler investment framework for those interested in capital markets, aiming to boost direct retail investment and offer a more accessible way for people to invest their savings. Minister Harris will emphasize that capital markets should not be perceived as remote or exclusive to those with significant wealth or financial expertise.",
  "summary": "No deemed disposal, a tax-free threshold, and no minimum contribution will be among the key features of the Government's new personal-investment account scheme.",
  "key_points": [
    "Irish government introduces personal-investment account scheme with tax-free threshold.",
    "No-deemed disposal tax applies to funds held in investment accounts, not calculated by providers.",
    "Scheme aims to increase direct retail investment and make capital markets more accessible."
  ],
  "editors_take": "The new investment account scheme aims to boost direct retail investment by offering a simpler framework, tax-free threshold, and low flat tax rate, making capital markets more accessible to Irish savers.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}