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Capital Gains Tax

  • 04-04-2009 10:37pm
    #1
    samson09
    Registered Users, Registered Users 2 Posts: 426 ✭✭


    Just wondering how many people here actually pay CGT on money they've made from investments? I know plenty who dont but is it the norm?


Comments

  • #2
    Mort5000
    Registered Users, Registered Users 2 Posts: 419 ✭✭Mort5000


    Yip, pay all my CGT!

    I wouldn't expect anyone here to take the chance of actually answering 'No'.

    Afterall, wouldn't that be about the same as tax evasion?

    :)


  • #3
    Onikage
    Registered Users, Registered Users 2 Posts: 1,451 ✭✭✭Onikage


    Well, if you make less than €1270 in a year you don't pay CGT. I wouldn't expect anyone to brag about that though!


  • #4
    Smcgie
    Registered Users, Registered Users 2 Posts: 1,379 ✭✭✭Smcgie


    This might sound like a fools question but is the figure 1270 a year on capital gains only? Or entire income


  • #5
    John Mason
    Hosted Moderators Posts: 10,661 ✭✭✭✭John Mason


    its on all your gains for that AP - i.e. add up all your gains for the AP and take the allowance of 1270 away

    ie. selling of houses (not prinicple Private Residence), shares, art, insurance monies etc.


  • #6
    Smcgie
    Registered Users, Registered Users 2 Posts: 1,379 ✭✭✭Smcgie


    pink fluffy bunny wrote: »
    its on all your gains for that AP - i.e. add up all your gains for the AP and take the allowance of 1270 away

    ie. selling of houses (not prinicple Private Residence), shares, art, insurance monies etc.

    Thank'n'You


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  • #7
    Bytheway
    Registered Users, Registered Users 2 Posts: 110 ✭✭Bytheway


    Its 25% now


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