Hi All
I plan to sell my current holding of 3,935 Vodafone shares which are the intact legasy of my origonal investment in Eircom The current value is £ 1.55 share
What purchase price per share should I factor in as I need to offset this loss against a gain in another share which I am also selling
Hi All
I plan to sell my current holding of 3,935 Vodafone shares which are the intact legasy of my origonal investment in Eircom The current value is £ 1.55 share
What purchase price per share should I factor in as I need to offset this loss against a gain in another share which I am also selling
As monagt says you need to establish what additional shares have been acquired since the original investment.
The cost of the original investment is IR£17,805 x 57% and if there were any further additions then the direct cost of those, bonus issues do not have a base cost.
If you had extra shares allocated by bonus or by reinvesting dividends and paid tax on the dividends as one should annually then the only issue is the buy/sell price of the extra shares x current cgt.
and you can balance capital losses vs capital gains and pay tax open the difference id positive.