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CGT Query

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  • 30-09-2022 1:18am
    #1
    Triman111
    Registered Users Posts: 42 ✭


    just another simple query.


    In 2022, I sold shares for 10,000e

    In 2017, I borught these for 9,000e.

    I incurred expenses during the sale for broker's fees of 250e, meaning the chargeable gain is 750e.

    I have losses to carry fwd from previous years of 2,000. Given that I have an annual CGT allowance of 1270, do I need to use 750e of my losses from previous year or can I still carry forward the 2000e loss for subsequent years?



Comments

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    #2
    Son Of Caba
    Registered Users Posts: 23 ✭Son Of Caba


    You can still carry your €2,000 losses forward.



  • Options
    #3
    crazyfool
    Registered Users Posts: 19 ✭crazyfool


    You must offset your losses against your gain before using your annual exemption. See screenshot below from Revenue website.

    image.png




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