CGT Loss
- Thread starter apd
- Start date
"Aggregate consideration" is the total amount realised from the sale.
Sales this week which result in overall net losses are not declared until you file the 2008 return so you have no immediate worry on that issue. If you had capital gains which exceeded the losses and resulted in net gains chargeable to tax then they would be returned according to the procedures in CGT1
Just to add:
"Form CG1 2007 is for completion by persons who make disposals of assets during the year and who are not obliged to submit an Income
Tax Return or are exempt from Income Tax."
. I think you include CGT details on your income tax return if you are making one
"Form CG1 2007 is for completion by persons who make disposals of assets during the year and who are not obliged to submit an Income
Tax Return or are exempt from Income Tax."
. I think you include CGT details on your income tax return if you are making one
I have searched old threads but just need a little help with filling out my CG1 form (I am a PAYE taxpayer).
I made a loss of €200 from the sale of shares (full disposal) in 2009 and have filled out this in Boxes no. 9 and 14 on the form. I also filled out the total amount of the sale in Box 1a and 1l. This is all I have filled out on the form though. Do i need to fill in anything else (I presume my tax reference number is my PPSN? And is the return address my own address??) I have read the revenue leaflets but I think a dummies guide is probably what I need!
You don't need to list out the actual shares / companies etc. you held the shares in or anything, or what you bought the ssares for originally it seems??? (though it can be inferred I guess by adding the loss figure to the total consideration)
I made a loss of €200 from the sale of shares (full disposal) in 2009 and have filled out this in Boxes no. 9 and 14 on the form. I also filled out the total amount of the sale in Box 1a and 1l. This is all I have filled out on the form though. Do i need to fill in anything else (I presume my tax reference number is my PPSN? And is the return address my own address??) I have read the revenue leaflets but I think a dummies guide is probably what I need!
You don't need to list out the actual shares / companies etc. you held the shares in or anything, or what you bought the ssares for originally it seems??? (though it can be inferred I guess by adding the loss figure to the total consideration)