Boards.ie

Hobo65 · 17-02-2012, 23:15

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.

**Mr. Incognito** · 18-02-2012, 02:03

Read the charter.

Thread closed.

17-02-2012, 23:15	#1
Hobo65 Registered User Join Date: Jul 2009 Posts: 6 Adverts \| Friends	How to calculate Captital Gains, USC & Prsi due on sale of Shares 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.

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search

18-02-2012, 02:03	#2
Mr. Incognito Moderator Join Date: Mar 2007 Location: My Imagination Posts: 4,703 Adverts \| Friends Mod: Taxation	Read the charter. Thread closed.