CGT on the sale of shares, best advice please.

[brockdish40]

Hi, I am looking to sell some shares I have, and need some advice on the best way to proceed. I purchased the shares in Oct/09, quantity 5128 @0.39cent a share, the price was €2000 plus €70 for stamp and commission charges. Company trades on the ISEQ, and I am resident in Ireland.

Present value of the shares is 0.84cent a share, total value €4307. If I sold them all what CGT would I pay ?. Is there a threshold you can avail of before CGT ? If so do you think it wise to sell half now and then half next year. ?

Any help here would be very much appreciated. Thankyou in advance.

 

[T McGibney]

This should explain everything http://www.revenue.ie/en/tax/cgt/

 

[Brendan Burgess]

Or more specifically

Capital Gains Tax on sale of shares

 

[brockdish40]

Thanks for the links Brendan & T McGibney I can now make an informed choice. Fair play to you.