You do not need to pay CGT on gains from:
- ...
- moveable property (such as furniture), where the gain does not exceed €2,540
- ...
I don't understand how that's going to avoid CGT?Thanks for that Clubman.
No, it was definitely shares as I thought at the time great, I will sell the shares in small chunks of 3,500 to avoid cgt.
You have to pay and file as per the deadlines in the link that I posted already.1270 is the limit for a single person.......
If you are below that, do you still have to pay any gain, example, 1000 eur, before Nov 15th and then claim that back, or you just don't make any payment, and file just the details next Oct/Nov?
If the shares are held in a joint account i.e spouse you should both be able to claim relief therefore 1270 x 2 I believe…You have to pay and file as per the deadlines in the link that I posted already.
The €1,270 exemption is per individual per year. If your gain is less than or equal to €1,270 then you have no CGT liability but still need to file a return.
To be honest, I don't really understand your question.
The question is whether one must pay the gain for the period; and then seek a refund after the tax year to account for the exemption.You have to pay and file as per the deadlines in the link that I posted already.
The €1,270 exemption is per individual per year. If your gain is less than or equal to €1,270 then you have no CGT liability but still need to file a return.
To be honest, I don't really understand your question.
What do you mean by "pay the gain"?The question is whether one must pay the gain for the period; and then seek a refund after the tax year to account for the exemption.
I think they mean pay CGT calculated on the basis that there's no 1,270 allowance, and then get a refund when they file their return and get the benefit of the exemption.What do you mean by "pay the gain"?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?