Hi Just wondering about the CGT treatment of sold shares that have been bought at different times/prices. Eg: have purchased shares at €3.19, €3.21, €3.95 etc. If I were to sell half of my shareholding, at which price do I state my initial costs were in order to calculate CGT??
Hi, I am carrying losses of €10k from previous years. I've just sold shares at a gain €2,000. Can I use the €1,270 capital gain exemption per year to carry forward €9,270 rather than €8,000?
The allowance of 1270 is per year only and cannot be carried forward. So example: You buy shares in 2010 for 2000euros. You sell all of these shares for 4000euros in 2015. You have made a profit of 2000euros. (You only pay CGT on the profit. There is an allowance of 1270 euros). 2000 less 1270 (allowance) = 730euros. You pay CGT at 33% on 730euros.
The allowance of 1270 is per tax year only and cannot be carried forward.
Hi, I am carrying losses of €10k from previous years. I've just sold shares at a gain €2,000. Can I use the €1,270 capital gain exemption per year to carry forward €9,270 rather than €8,000?