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How to calculate Captital Gains, USC & Prsi due on sale of Shares

Hobo65 · 2012-02-17 23:15:50

Hi , Looking for some help with how to calculate tax & dutys payable on shares sold this week & when / How to pay.* Shares purchased through company sharesave scheme * held for required period of 3 years so free of income tax (I think ) * Example* 1000 shares purchased * purchased for €10 a share sold for € 15 per share *…

18-02-2012 12:15am

#1
Hobo65

Registered Users Posts: 7 ✭

Join Date: July 2009

Posts: 2
Hi , Looking for some help with how to calculate tax & dutys payable on shares sold this week & when / How to pay.
Shares purchased through company sharesave scheme

held for required period of 3 years so free of income tax (I think )

Example
1000 shares purchased

purchased for €10 a share sold for € 15 per share

shares transfered to joint names with my wife before sale

comission etc paid on sale of €250

I think capital gains @30 % due on gain = € 5000 - joint allowance € 2540 = 30% of 2460 due before 30th Sept this year

USC & PRSI ?? thinking 11% in total of gain ?? not sure when due ??

Would appreciate any help.

Tagged:

tax

prsi

shares

usc

capital gains

0

Comments

#2 18-02-2012 3:03am

Mr. Incognito

Registered Users Posts: 9,798 ✭✭✭

Join Date: March 2007

Posts: 9552

Read the charter.

Thread closed.

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