Chupacabra
Registered User
- Messages
- 22
Good morning All
i would be very grateful if anyone could tell me if i am correctly calculating the below CGT as the property was rented only for a partial amount of time.
Irish resident -
Property owned for 217months +27 days (218)
Property fully rented for 102months +27 days (103)
PPR: 115months
i would be very grateful if anyone could tell me if i am correctly calculating the below CGT as the property was rented only for a partial amount of time.
Irish resident -
Property owned for 217months +27 days (218)
Property fully rented for 102months +27 days (103)
PPR: 115months
Sale Price | € 430,000.00 |
Purchase Price | € 275,000.00 |
Gain | € 155,000.00 |
Chargeable gain is 47.24% of 155000 | € 73,222.00 |
Capital Gain | € 24,163.26 |
Deduct allowable expenses | € 24,163.26 |
Solicitor's fees ( purchase+sale) | € 4,178.70 |
Auctioneer's fees (Sale) | € 2,644.50 |
deduct personal exemption | € 1,270.00 |
Taxable gain | |
Total to pay | € 16,070.41 |