Spouse's Tax Exemption on Share sale

Pat734

I intend to sell some shares and use my €1270 exemption to reduce my Capital Gains Tax. Can I also claim another €1270 as my spouse's exemption, thereby getting total of €2540 exemption.
The important point is that the shares are in my name only. My spouse does not have any shares in their name.

con747

Pat734 wrote: »

I intend to sell some shares and use my €1270 exemption to reduce my Capital Gains Tax. Can I also claim another €1270 as my spouse's exemption, thereby getting total of €2540 exemption.
The important point is that the shares are in my name only. My spouse does not have any shares in their name.

You might be better off gifting your spouse the shares. https://www.irishtimes.com/business/personal-finance/capital-losses-and-transfer-of-shares-to-spouse-1.3540112#:~:text=Essentially%2C%20the%20transfer%20is%20seen,face%20value%20of%20the%20transfer.