CGT advice

trishasaffron

I'm looking for some CGT advice in relation to a substantial gain made by my elderly mum on sale of shares last year (yes I know - it was one of the few european shares to increase in price). The questions I have are fairly specialised - I've already explored revenue.ie and I reckon I need expert advice. Anyone have a recommendation as to where I should go? Would a big firm be better than a small one? Do they take on single issues clients? Any idea what I might expect to pay? or how best to approach them e.g ask for a CGT expert?

thanks for any advice.

Mr. Incognito

CGT is pretty straightforward.

Any AITI qualified tax consultant should be able to help you. If it's just a straightforward sale it's a CGT 1 Return and you'd be best asking around for a quote.

hebeegb

Mr. Incognito wrote: »

CGT is pretty straightforward.

Any AITI qualified tax consultant should be able to help you. If it's just a straightforward sale it's a CGT 1 Return and you'd be best asking around for a quote.

shares can be tricky, but i would imagine if they are all with the one company it should be straightforward. i agree with getting taxation advice, an accountant should be able to help you though, probably for the correct computations, you can expect to pay anywhere between 500 and 1k i would expect, you need to know all the trades that were done on the shares, e.g dates bought and sold as depending on when that happened, there are inflationary factors which must be taken into account

swanvill

Hi
Once you have all the information together it is quite straight forward, I would advise ring a couple of local firms and get a couple of quotes, if they're vague/hesitant quoting then don't use them.

PM if you would like more info.