H Homer Registered User Messages 443 24 Nov 2009 #1 I sold some shares at a profit prior to the 7 April 2009 supplementary budget and some other shares at a loss after that date. If the later sale had been at a profit, I would have been liable for 25% CGT. However, I presume I am liable to CGT at 22% on the total net gain less my annual exemption. Can anyone confirm this? I have gone through the Revenue website and it does not seem to be specifically covered. Regards Homer Last edited: 24 Nov 2009
I sold some shares at a profit prior to the 7 April 2009 supplementary budget and some other shares at a loss after that date. If the later sale had been at a profit, I would have been liable for 25% CGT. However, I presume I am liable to CGT at 22% on the total net gain less my annual exemption. Can anyone confirm this? I have gone through the Revenue website and it does not seem to be specifically covered. Regards Homer
L Liamos Registered User Messages 127 24 Nov 2009 #2 I thought you said you made a loss on your shares?
H Homer Registered User Messages 443 24 Nov 2009 #3 Sorry, typo in my original mail. First lot of shares were sold at a profit, second lot at a loss. Overall, I have a gain in excess of the annual threshold. Regards Homer
Sorry, typo in my original mail. First lot of shares were sold at a profit, second lot at a loss. Overall, I have a gain in excess of the annual threshold. Regards Homer