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Selling Shares - Once off transaction.

  • 24-06-2021 9:22pm
    #1
    theunforgiven
    Registered Users, Registered Users 2 Posts: 144 ✭✭


    Hi,
    Posting for a work colleague.
    She was left shares in her father's will some time ago and now wants to sell them all.
    What is the easiest way to do this?

    Setup an account with Davy and do it that way or do the banks still offer this service?
    As she understands, CGT is on profits made on the sale.

    Thank you


Comments

  • #2
    homer911
    Registered Users, Registered Users 2 Posts: 5,150 ✭✭✭homer911


    You should check out the fee rates, which can take a chunk of the proceeds and are more expensive for certificated shares

    Cantor Fitzgerald was best value when I last looked,but try Goodbody and Davy

    Yes, CGT is payable on any net gains subject to an annual allowance


  • #3
    Craig_David
    Registered Users, Registered Users 2 Posts: 127 ✭✭Craig_David


    If the shares are held in physical form (certificated form) the registrar may offer a share dealing service.
    If the registrar happens to be Computershare though, since Brexit, they can no longer offer their share dealing services to residents of ROI unfortunately..
    If the shares are held electronically, then its probably worth getting in touch with whatever broker he used to purchase them originally as they shares will be held in their nominee account


  • #4
    theunforgiven
    Registered Users, Registered Users 2 Posts: 144 ✭✭theunforgiven


    Thank you all for your response. They have gone through Davy.


  • #5
    jenson13
    Registered Users, Registered Users 2 Posts: 14 ✭jenson13


    https://www.boards.ie/discussion/comment/117553126#Comment_117553126

    Hi there, just wondering if you could explain how you did this.

    I have shares that I want to sell as a one off transaction and Davy want me to set up an account. I have no interest in selling these myself so I just want someone to sell them all for me. Glanbia shares.



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