Question on CGT and Tax return

[patrick141168]

Hello

I have a question and hope that someone can help me with this.
I graduated 4 years ago and got a job with a tech company in Dublin.
My only income is the after tax monthly wage that I get from the company I work for,
however I bought and sold some shares in the last few years: in 2012
I made 800 € Capital gain selling some shares and in 2013 I lost 300 €
(I sold some shares at a loss since I needed the money so I had to sell the shares)

For 2012 I didn't file a tax return since the gain made was less than the 1280 €
free gain, and last year I didn't file the tax return either since it was a loss.

Can someone tell me please if I should have filed a return anyway, both for the year 2012 even if the gain was less than 1280 and also for year 2013 even if I made a loss ?

Thanks
Patrick

 

[rob oyle]

If this is your only non-PAYE income then no, a tax return on these numbers wouldn't be necessary. However, since you would probably want to claim your loss against a future gain, I would keep any paperwork you have in relation to the transaction.

 

[patrick141168]

Thanks Rob, yes this is my only gain after Paye I have no other income. Thanks a lot for helping