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Selling Shares - what's the tax exposure on capital gains in Ireland?

  • 19-05-2011 6:54pm
    #1
    maxsatisfaction
    Registered Users, Registered Users 2 Posts: 10 ✭


    Repost of: http://www.boards.ie/vbulletin/showthread.php?t=2056270219

    Apologies for the repost, but I think this thread belongs here and my requst for moving it has not been answered.
    Hi all,

    I have a few shares with my company, which I maybe interested in selling.

    However, an important question has come up:

    What is the tax exposure on capital gains in Ireland?

    I'm a complete noob when it comes to shares (the reports on Google finance confuse me no end), but all I know is that if you bought at a low price, and sell at a high price - you will make some money.

    However, this could all be evaporated due to taxes & costs etc.

    I know each individual's tax rate will vary, but if anyone has any pointers it would be much appreciated

    The general concenus seems to be at 25%, but not sure if you still get your first 1270 euro free.

    Thanks
    Tagged:


Comments

  • #2
    Mr. Incognito
    Registered Users, Registered Users 2 Posts: 9,798 ✭✭✭Mr. Incognito


    specific advice is banned per the charter.

    if you go to www.revenue.ie and read the guide to CGT it has worked examples there.

    Going to close this in the meantime.


This discussion has been closed.
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