30% tax alert may spark rush for PEL savings

Property savings plans and larger assurance vie holdings face a flat-rate tax levy of 30% on interest from next year, the government has announced. 

This will affect assurances vies worth more than €150,000 per person and Plans Epargne-Logement (PELs), which are used by people saving for a house or for major works.

The move could spark a rush to open a PEL ...

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