P Playdough Guest 28 Jan 2007 #1 Quick question; Can I deduct costs such as stockbroker fees and stamp duty when determining actual capital gain for Irish and UK stocks?
Quick question; Can I deduct costs such as stockbroker fees and stamp duty when determining actual capital gain for Irish and UK stocks?
C CCOVICH Registered User Messages 8,826 28 Jan 2007 #2 As far as I know, yes, both are allowed. From a Revenue Guide In calculating the amount of tax payable, deductions are allowable for incidental costs of acquisition, such as solicitor's fees, stamp duty etc. and incidental costs of disposal such as, solicitors/auctioneers fees etc.
As far as I know, yes, both are allowed. From a Revenue Guide In calculating the amount of tax payable, deductions are allowable for incidental costs of acquisition, such as solicitor's fees, stamp duty etc. and incidental costs of disposal such as, solicitors/auctioneers fees etc.
H Humpback Registered User Messages 859 29 Jan 2007 #3 Confirmation: You can charge off these expenses. Expenses associated with buying and selling shares are allowable against CGT gains.
Confirmation: You can charge off these expenses. Expenses associated with buying and selling shares are allowable against CGT gains.