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Question on shares

  • 06-01-2020 2:50pm
    #1
    Registered Users Posts: 403 ✭✭ bizidea


    Hi I'm just wondering if I invest say a €1000 euro in a stock lets just say the stock rises over 10% in a week so I decide to sell and I get 1100 euro back do I pay 33% cgt on the €100 profit.if I reinvest in another stock and lose the €100 profit on this other stock do I still pay 33% on the first stock I sold thanks.


Comments

  • Moderators, Education Moderators, Technology & Internet Moderators Posts: 34,624 Mod ✭✭✭✭ AlmightyCushion


    There is CGT relief of €1270, so you only pay it on profit over that amount. Also, yes you can offset your losses against your profit for CGT.


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