CGT on shares

Digger

Registered User
Messages
135
If I buy 100 shares for 1000euro and sell them next week at a loss, say 100 shares sold at 500 euros. Can I include this loss made on this transaction and use it to
lessen CGT due on another share transaction in a years time. On the revenue website it seems to treat shares bought and sold within a calender month differently. any clarification on this appreciated.
 
If I buy 100 shares for 1000euro and sell them next week at a loss, say 100 shares sold at 500 euros. Can I include this loss made on this transaction and use it to
lessen CGT due on another share transaction in a years time. On the revenue website it seems to treat shares bought and sold within a calender month differently. any clarification on this appreciated.

Yes there is a four week rule. Using your example above you would only be able to use the loss of €500 against gains you make in the same 4 weeks. If you don't use the loss within 4 weeks then the loss is written off.
 
Back
Top