I made two share disposals this year and there was a currency conversion charge involved. I'm wondering at what stage that should be subtracted.
For example lets say I made a net gain )after currency conversion charge and cost of buying shares) of 5000 euro.
The currency conversions charge is 200 euro
Which calculation is correct. Is the charge taken off before or after?
5000 - 200 -1270 (exemption) = 3530 x 33% =1165 (CGT payable)
0R
5000-1270 (exemption) =3730 x 33% = 1231 -200 = 1031 (CGT Payable)
For example lets say I made a net gain )after currency conversion charge and cost of buying shares) of 5000 euro.
The currency conversions charge is 200 euro
Which calculation is correct. Is the charge taken off before or after?
5000 - 200 -1270 (exemption) = 3530 x 33% =1165 (CGT payable)
0R
5000-1270 (exemption) =3730 x 33% = 1231 -200 = 1031 (CGT Payable)