Capital Gains on shares -rate

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sole

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I am selling Imperial Tobacco (UK) shares. I am looking at Revenue website for Capital Gains tax and see

(a) Shares/Securities - Quoted (30%)

(f) Offshore Funds (S. 747A) chargeable at 40%

Is my shares 30% or 40% tax.
 
Joe_90 said:
Gain less €1,270 @ 33%

http://www.revenue.ie/en/tax/cgt/
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Thank you Joe.

There is a lot of CGT documents and clearly I took the 30% from an older one.
Just about the Revenue documents the Index Link or Multipliers as they call it goes up to 2004 (et seq). Is there no more recent one for disposal nearer 2015. Surely there was an increase during the 'tiger'.
 
No, indexation stopped at that point, so you can only index as far as that. The clue is in the "et seq."...! ;)
 
Agent 47 said:
If jointly assessed for tax then Gain less €2,540 @33%
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Not necessarily.

If the asset was jointly owned and there is a gain in the hands of both spouses, then yes.

But if the asset was one spouse's then the gain is that spouse's and only that spouse's annual allowance applies.
 
Could you transfer shares into spouse name before sale to avail of spouse CGA? If so would they need to hold for a certain period before selling? Would a cost be involved in doing this?
 
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