CGT calculator

W

Wexfordman

Guest
Hi,

Is there a CGT calculator I can use anyhwere similar to the mortgage calculator, or else an idiots guide to CGT ? I'm trying to figure out CGT on shareownsership scheme from work thats strted to mature.

Regards,
Wexfordman
 
Try these
<!--EZCODE LIST START--><ul><li>Ishmael Whale's CGT calculator</li><li>[broken link removed]</li></ul><!--EZCODE LIST END-->
For more detail on CGT calculations refer to the [broken link removed].

Note that, depending on the scheme, there may also be income tax implications (e.g. on the exercise of discounted share options from certain employee share option/purchase schemes etc.).
 
Thanks,

Does the First Active only apply to FA or can I use it for any shares ?. And assuming my shares were given in 2001, 2002 and 2003 for example and the three yr expiry date is up (for income tax exemption), is my cost of buying the shares the "locked in value" vallue on date of purchase ?

Sorry if this does'nt make sense.

Regards,
Wexfordman
 
Does the First Active only apply to FA or can I use it for any shares ?

This calculator has been developed to assist calculation of tax liabilities in connection with First Active payments, only. It does not apply to any other Capital Gains Tax situation.
Click to expand...

I just thought that for straightforward CGT situations in the period covered it might do but you should read all of the instructions and always double check any automatically generated calculations from any calculator with your own manual calculations.
 
Hello folks,

A old topic here sorry to bring it up, maybe its covered elsewhere on the boards.

I have dabbled in shares on both Irish, UK and NY markets in my own small way and overall have made a few bob. Some tax due but could not be a lot, not enough to justify a accountant, no way.

Like someone else asked above, is there a calculator where you could feed in your buys/sells dates and your liability is calculated. I suppose i mean a software package.

Any ideas appreciated.
 
The dates don't really matter anymore unless you bougth them before 2004.

Just deduct the purchase price from the selling price to give you the gain.

Brendan
 
Thanks for prompt reply brendan, appreciated.

Is it that simple, aren't there Tax free allowances on first 1000 euro or shares and other little quirks based on what year you bought in. But what you say sounds straightforward enough.

regards, yewtree
 
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