Capital gains/ loss on shares

Homewardbound11

Registered User
Messages
45
If we are joint assessed and we both sell shares (at the same time ) can one sale gains be offset against the other persons losses when filing returns . ?
My wife’s shares are employee share purchases and mine are just degiro .
 
It appears as if you can - see this section from Irish revenue website section : Capital Gains Tax on sale, gift or exchange of an asset :

Transfer capital losses to spouse or civil partner​

You can use the balance against your spouse or civil partner’s gains

Brendan also highlights this on the key post around capital gains tax : Married couples who are jointly assessed may offset against the gain of the other.
 
Great news so , as I’ve made some pig purchases during covid and thankfully my wife’s shares are doing well . Might do it in the next few weeks .
 
Back
Top