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RTSO 1

jimmymack · 2019-09-19 13:13:44

Hi all, I made an enquiry on Revenue.ie recently regarding the sale of shares and was told that if I sell shares I will need to declare it on a RTSO 1 form. Until now I thought that all I needed to do was to declare it on the Form 12 for the Capital Gains Tax, I hadn't even heard of the RTSO 1. To date, I have sold shares…

19-09-2019 1:13pm

#1

jimmymack

Registered Users, Registered Users 2 Posts: 114 ✭✭

Join Date: September 2015

Posts: 109

Hi all,

I made an enquiry on Revenue.ie recently regarding the sale of shares and was told that if I sell shares I will need to declare it on a RTSO 1 form. Until now I thought that all I needed to do was to declare it on the Form 12 for the Capital Gains Tax, I hadn't even heard of the RTSO 1.

To date, I have sold shares (eg. Ryanair) on three occasions: in March, April and July of this year. I have made a total gain of about €50 on this (I know, I'm no Warren Buffett!). Can anyone who has dealt with this previously advise me on what I should be doing here?

Thanks in advance!

EDIT: My original query related to ETFs, could it be possible that Revenue were referring to that rather than standard shares as mentioned above?

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