CGT on shares sold

[denisoleary]

Im going to pay CGT for 200 shares sold in February.
Can i just confirm if im correct here:
Sold 200 shares: €20,807.15
Original value when inherited in 2014: €45.30 x 200 = €9,060

Difference = €11,747.15
X 33% = €3876.5595
- €1270 = Tax due = €2606.55

Am i correct here?

 

[Micks'r]

Wrong.
The €1270 allowance is taken from the profit (gain) before the tax rate is applied

 

[denisoleary]

Difference = €11,747.15
-1270 = €10,477.15
33% = €3,457.4595

Thanks

 

[jpd]

And presumably the sales proceeds of € 20,807.15 is the net proceeds after any dealing charges, etc

 

[denisoleary]

Yes this is what was lodged into my account after solicitor took their fees