CGT advice

[Playdough]

Quick question;

Can I deduct costs such as stockbroker fees and stamp duty when determining actual capital gain for Irish and UK stocks?

 

[CCOVICH]

As far as I know, yes, both are allowed.

From a Revenue Guide

In calculating the amount of tax payable, deductions are allowable for
incidental costs of acquisition, such as solicitor's fees, stamp duty etc.
and incidental costs of disposal such as, solicitors/auctioneers fees
etc.

 

[Humpback]

Confirmation: You can charge off these expenses. Expenses associated with buying and selling shares are allowable against CGT gains.