H
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Guest
I have a query in relation to Capital Gains Tax.
My Mother was left Bank of Ireland shares from my Father when he died in May 1996.
My understanding is that the price per share then was EUR2.8125.
She sold 3,400 shares @ 10.50 per share giving 36,592 and a commission of 459.683 on the 01-04-2004.
She sold 3,400 shares @10.34 per share giving 35,156 and a commission of 451.56 on the 02-04-2004.
She is a widow and old age pensioner and I am trying to figure out her Capital Gains Tax for the year ending 2004, but would not be great with CGT & Tax matters in general.
Will she now owe Penalties as the submission is late ?
Can anyone please help me out ?.
Thanks in advance.
My Mother was left Bank of Ireland shares from my Father when he died in May 1996.
My understanding is that the price per share then was EUR2.8125.
She sold 3,400 shares @ 10.50 per share giving 36,592 and a commission of 459.683 on the 01-04-2004.
She sold 3,400 shares @10.34 per share giving 35,156 and a commission of 451.56 on the 02-04-2004.
She is a widow and old age pensioner and I am trying to figure out her Capital Gains Tax for the year ending 2004, but would not be great with CGT & Tax matters in general.
Will she now owe Penalties as the submission is late ?
Can anyone please help me out ?.
Thanks in advance.