Hi everyone!
Pretty sure this was discussed a lot in past years, I found some threads to help me understand how to correctly fill out CG1 return form, even though I'm still not 100% sure. I think this thread might be helpful to others who go through the same process for the first time. I would appreciate if someone experienced could point out if I made any mistakes.
Example used:
Bought 100 shares of X for €100, sold all of them for €200 each. Gain €10000
Bought 100 shares of Y for €200, sold all of them for €150 each. Loss €5000
In CG1 form by field numbers ([broken link removed]):
1a: €35000 (aggregate gross sale value)
7: €10000 (total gain)
8: €5000 (total loss)
15: €1270 (personal exemption)
16: €3730 (€10000−€5000−€1270)
19a: €3730 (same as 16 given the stock type)
Did I miss anything? I wasn't sure about field 11, still not sure what does it mean but seems like it has something to do with Land related taxes and reliefs.
Thanks!
Pretty sure this was discussed a lot in past years, I found some threads to help me understand how to correctly fill out CG1 return form, even though I'm still not 100% sure. I think this thread might be helpful to others who go through the same process for the first time. I would appreciate if someone experienced could point out if I made any mistakes.
Example used:
Bought 100 shares of X for €100, sold all of them for €200 each. Gain €10000
Bought 100 shares of Y for €200, sold all of them for €150 each. Loss €5000
In CG1 form by field numbers ([broken link removed]):
1a: €35000 (aggregate gross sale value)
7: €10000 (total gain)
8: €5000 (total loss)
15: €1270 (personal exemption)
16: €3730 (€10000−€5000−€1270)
19a: €3730 (same as 16 given the stock type)
Did I miss anything? I wasn't sure about field 11, still not sure what does it mean but seems like it has something to do with Land related taxes and reliefs.
Thanks!