ARF Imputed Distributions

ARFs are subject to an annual distribution, which is taxable at income tax rates. From age 61 to 70, 4% of an ARF must be taken out each year. This increases to 5% when aged > 70.

6% if the ARF must be taken each year, regardless of age, if the ARF is > €2m.

This Income can be paid either monthly, annually or on an ad-hoc basis.

The nominated Qualified Fund Manager (QFM) for the ARF is tasked with operating PAYE on this income and deducting tax at source.

The ARF-holder can choose to assign his / her tax credits to the QFM for their ARF Distributions.