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Help with CGT

  • 20-01-2021 1:57pm
    #1
    Mr.David
    Registered Users, Registered Users 2 Posts: 1,704 ✭✭✭


    Hi folks, doing a CGT return for the first time and having some difficulty.

    I am a PAYE worker, I have calculated my cgt liability and it exceeds the 1270 allowance.

    My question is how do I file it? I have looked through the revenue myaccount system and cant seem to find a section for it anywhere? Do I need to return paper forms?

    Any help much appreciated!


Comments

  • #2
    relax carry on
    Registered Users, Registered Users 2 Posts: 4,113 ✭✭✭relax carry on


    Mr.David wrote: »
    Hi folks, doing a CGT return for the first time and having some difficulty.

    I am a PAYE worker, I have calculated my cgt liability and it exceeds the 1270 allowance.

    My question is how do I file it? I have looked through the revenue myaccount system and cant seem to find a section for it anywhere? Do I need to return paper forms?

    Any help much appreciated!

    Form CG1 on the Revenue website. Download the pdf form. Fill it in and upload via MyEnquiries.


  • #3
    slo007
    Registered Users, Registered Users 2 Posts: 54 ✭✭slo007


    Mr.David wrote: »
    Hi folks, doing a CGT return for the first time and having some difficulty.

    I am a PAYE worker, I have calculated my cgt liability and it exceeds the 1270 allowance.

    My question is how do I file it? I have looked through the revenue myaccount system and cant seem to find a section for it anywhere? Do I need to return paper forms?

    Any help much appreciated!

    You need to register to pay CGT. Send Revenue an email via the system and they will set you up.

    After you've paid the relevant tax, you will need to file the form mentioned by "relax carry on".


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