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How to calculate Captital Gains, USC & Prsi due on sale of Shares

  • 18-02-2012 12:15AM
    #1
    Hobo65
    Registered Users, Registered Users 2 Posts: 7 ✭


    Hi , Looking for some help with how to calculate tax & dutys payable on shares sold this week & when / How to pay.
    • Shares purchased through company sharesave scheme
    • held for required period of 3 years so free of income tax (I think )
    • Example
      • 1000 shares purchased
      • purchased for €10 a share sold for € 15 per share
      • shares transfered to joint names with my wife before sale
      • comission etc paid on sale of €250
    I think capital gains @30 % due on gain = € 5000 - joint allowance € 2540 = 30% of 2460 due before 30th Sept this year

    USC & PRSI ?? thinking 11% in total of gain ?? not sure when due ??

    Would appreciate any help.
    Tagged:


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