How many shares have you got?small batches
Hi Brendan,€8,000 worth.
That should be easy enough to sell.
Why don't you open an online account with Davys.
Then send them your share certs and they will dematerialise them for you, charging you €80.
Then you can sell them online.
Brendan
I have an online Davys account myself and was wondering would it make sense to transfer the shares over to that account and then sell them or would that result in me being hitting with both an Inheritance and CGT tax bill?
What advice would you give in terms of the cheapest way to sell these paper based shares?
Thanks,
R
Hi Brendan,
My father has Kerry Group shares that are worth about €60k at the moment and he would like to sell them (he’s aware of the CGT implications). They are recorded on a good old fashioned paper share certificate.
I have an online Davys account myself and was wondering would it make sense to transfer the shares over to that account and then sell them or would that result in me being hitting with both an Inheritance and CGT tax bill?
What advice would you give in terms of the cheapest way to sell these paper based shares?
Thanks,
R
Thanks for the response,
So am I right in saying that the only costs my father would incur so are a maximum up €14.99 on the transaction and 0.5% commissions.
Are there any other costs associated with setting up and retaining a Davys online account?
thanks
Dodger