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Selling Shares

redrow · 2015-08-12 07:32:26

Hi, I have invested in a couple of different shares and some worked well some not so well. I want to get out now and just wondering if I sell them all can I offset the gains against the losses and how it works? Thanks

12-08-2015 7:32am

#1

redrow

Registered Users, Registered Users 2 Posts: 9 ✭

Join Date: January 2012

Posts: 5

Hi,

I have invested in a couple of different shares and some worked well some not so well. I want to get out now and just wondering if I sell them all can I offset the gains against the losses and how it works?

Thanks

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Comments

#2 12-08-2015 11:18am

SRASE

Registered Users, Registered Users 2 Posts: 86 ✭✭

Join Date: July 2010

Posts: 86

Yes any losses can be set against gains in the same year. If not used the losses can be carried forward against future gains.

There is an annual exemption of €1,270 and any gain above this (after offset of losses) is taxed at 33%

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