Hi all,
I searched but couldnt find the answer so maybe someone here can help please?
I bought shares in a company i worked for when they initially floated on the ISE.
I paid 24c per share though they l floated at €1.32 on the day. I did pay tax to the revenue at the time on advice from someone in finance dept, im not sure what this was but was about 500 euro.
Now in total i have around 5,500 shares and prices are now around 1.50 and my question is if i sell what taxes am i to pay on this, taking into account what i already paid...
Is there an allowance for selling shares etc?
many thanks,
Gibo