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CGT Question - Sale of Shares

vicwatson · 2012-12-11 22:10:02

Hi, Sold shares mid November, have learned I need to pay CGT (if liable) by Dec 15th and of course, make a return next year. Shares look like they were bought back in 2001 (ex Eircell turned Vodafone shares were 1067 and then they turned into 900 odd shares after Vodafone changed the structure of them) Shares were gifted…

11-12-2012 10:10pm

#1

vicwatson

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Join Date: February 2011

Posts: 26955

Hi,

Sold shares mid November, have learned I need to pay CGT (if liable) by Dec 15th and of course, make a return next year.

Shares look like they were bought back in 2001 (ex Eircell turned Vodafone shares were 1067 and then they turned into 900 odd shares after Vodafone changed the structure of them)

Shares were gifted to me in 2006

Looking at yahoo finance it looks like the share price in May 2001 closed at Stg 215 pence and sold in Nov 2012 at Stg 160 pence.

Couple questions -

Should I be using the May 2001 date as the day or should it be the Eircell date (whenever they were bought)?

How to calculate CGT (if liable, with the €1270 personal exemption)?

I assume if I've made a loss then I don't need to inform revenue at all?

Thanks for help in advance

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