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tax on shares

aubreym · 2010-07-13 07:17:40

hi all, selling shares that i bought in an employee scheme. What is the rate of tax that i have to pay the revenue on the gain that i have made? I was always under the impression that it was 41% , but the revenue website & documents says its 20%, thanks, aubreym

13-07-2010 7:17am

#1

aubreym

Registered Users, Registered Users 2 Posts: 243 ✭✭

Join Date: October 2003

Posts: 168

hi all,

selling shares that i bought in an employee scheme.

What is the rate of tax that i have to pay the revenue on the gain that i have made?

I was always under the impression that it was 41% , but the revenue website & documents says its 20%,

thanks,
aubreym

0

Comments

#2 13-07-2010 9:03am

johnfás

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Posts: 1183

You have to pay 1% stamp duty on a transfer of shares of value in excess of €1,000. You then have to pay Capital Gains Tax on any profit made. CGT is currently set at 25% with the first €1,270 gain being tax exempt.

This isn't really a legal question and would be better on the Investments and Markets subforum. http://www.boards.ie/vbulletin/forumdisplay.php?f=859

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#3 13-07-2010 9:10am

aubreym

Registered Users, Registered Users 2 Posts: 243 ✭✭

Join Date: October 2003

Posts: 168

cheers...will redirect...

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