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Re Share Sale

  • 02-10-2014 12:56pm
    #1
    karolmc100
    Registered Users, Registered Users 2 Posts: 283 ✭✭


    I purchased 100000 Canadian shares on the 03/01/2014 for 1411.36 plus 20euro commission Total 1431.36 euro.

    On 27/08/2014I sold 40000 of these shares for2420.9 plus 20 omission Total 2400.9

    On 28/08/2014 I sold the remaining 60000 shares for 4111.68 plus 20 omission Total 4091.68.

    I question is in relation to the capital gains tax calculation.Also can I submit one return for these.Or do I need to submit two returns for this

    Many thanks in advance for any help


Comments

  • #2
    mozattack
    Registered Users, Registered Users 2 Posts: 1,908 ✭✭✭mozattack


    karolmc100 wrote: »
    I purchased 100000 Canadian shares on the 03/01/2014 for 1411.36 plus 20euro commission Total 1431.36 euro.

    On 27/08/2014I sold 40000 of these shares for2420.9 plus 20 omission Total 2400.9

    On 28/08/2014 I sold the remaining 60000 shares for 4111.68 plus 20 omission Total 4091.68.

    I question is in relation to the capital gains tax calculation.Also can I submit one return for these.Or do I need to submit two returns for this

    Many thanks in advance for any help

    One return, Form CG1 if ya don't file a form 11 as is. Tax due in mid December.

    Tip, if married it would have made sense to buy shared in joint names so to have the use of the annual exemption x 2... small potatoes but


  • #3
    mozattack
    Registered Users, Registered Users 2 Posts: 1,908 ✭✭✭mozattack


    karolmc100 wrote: »
    I purchased 100000 Canadian shares on the 03/01/2014 for 1411.36 plus 20euro commission Total 1431.36 euro.

    On 27/08/2014I sold 40000 of these shares for2420.9 plus 20 omission Total 2400.9

    On 28/08/2014 I sold the remaining 60000 shares for 4111.68 plus 20 omission Total 4091.68.

    I question is in relation to the capital gains tax calculation.Also can I submit one return for these.Or do I need to submit two returns for this

    Many thanks in advance for any help

    One return, Form CG1 if ya don't file a form 11 as is. Tax due in mid December.

    Tip, if married it would have made sense to buy shared in joint names so to have the use of the annual exemption x 2... small potatoes but


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