Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Uk Shares - Taxed in Ireland?

  • 15-07-2010 2:54pm
    #1
    Rdaly1
    Registered Users, Registered Users 2 Posts: 66 ✭✭


    I have a significant amount of UK Shares/Dividends I want to cash in.

    I will pay tax on them in the UK - but what I want to know - when I bring the cash back into Ireland - with I have to pay any sort of Tax when I lodge the cash into my Irish account.

    Any help with this one is appreciated?


Comments

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


    Rdaly1 wrote: »
    I have a significant amount of UK Shares/Dividends I want to cash in.

    I will pay tax on them in the UK - but what I want to know - when I bring the cash back into Ireland - with I have to pay any sort of Tax when I lodge the cash into my Irish account.

    Any help with this one is appreciated?

    Even if these are Uk shares, if you live in Ireland you are required to pay CGT tax @ 25%.

    If you live in the Uk and intent on moving to Ireland then pay their capital gains tax rate (18 or 28% i think now) then transfer the money when you move to Ireland at no cost.

    It looks to me that you are an Irish resident trying to pay CGT in the UK because they are UK shares. Pay your CGT in Ireland if so.

    ~S


Advertisement