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Share Calculator & Formula

  • 17-07-2009 1:53pm
    #1
    padocon
    Registered Users, Registered Users 2 Posts: 2,218 ✭✭✭


    To find the net profit on a share the formula is this, correct?

    Current Share Price
    Less Bought Price
    = Gross Profit per share
    X Amount of shares one has
    = total gross profit

    Gross Profit
    X 25%
    = Government tax

    Gross Profit
    Less Government Tax
    Less Stock broker fee
    =Net Profit

    Correct?

    Now my question is, Is there any on-line calculator that can do that for you?So that you don't have to do it yourself.
    Thanks in advance!


Comments

  • #2
    Idu
    Registered Users, Registered Users 2 Posts: 1,152 ✭✭✭Idu


    Use an excel sheet - it's hardly genius level maths


  • #3
    Mort5000
    Registered Users, Registered Users 2 Posts: 419 ✭✭Mort5000


    I'll make you a spreadsheet if you need it :D just PM me.


  • #4
    EL_Loco
    Registered Users, Registered Users 2 Posts: 901 ✭✭✭EL_Loco


    stock brokers fees are banded, i.e 1.5% up to 25,000 1% there after, or something similar.

    plus, have they upped capital gains to 25%?!?!?! :(


  • #5
    padocon
    Registered Users, Registered Users 2 Posts: 2,218 ✭✭✭padocon


    EL_Loco wrote: »
    stock brokers fees are banded, i.e 1.5% up to 25,000 1% there after, or something similar.

    plus, have they upped capital gains to 25%?!?!?! :(

    Ya but minimum fee of 25 euro.
    I know 25%!!! WHAT A RIP OFF!!!!


  • #6
    padocon
    Registered Users, Registered Users 2 Posts: 2,218 ✭✭✭padocon


    Thanks for that! Had forgotten about that program! I've made one up just now for myself.
    Thanks for the ideas guys & the offer


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  • #7
    dunkamania
    Closed Accounts Posts: 1,803 ✭✭✭dunkamania


    I think stockbroking fees get charged before tax


  • #8
    padocon
    Registered Users, Registered Users 2 Posts: 2,218 ✭✭✭padocon


    dunkamania wrote: »
    I think stockbroking fees get charged before tax

    Thanks! Of course they do!


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