CGT calculation on disposal of shares

C

captain9

New Member
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I bought 10 shares of TSLA at 200 EUR with sold all at 250 EUR and paid 1 EUR broker fee at both buying and selling. Gain is 2500 -2000 = 500 EUR. However if we account broker fee gain is 498 EUR, [buy (2001) - sell(2499) = 498 EUR].
In this case, do I need to calculate 33% CGT on 500 or 498?
 
Capital gains tax is calculated on the taxable gain.

There is no taxable gain in this example (unless your capital gains annual exemption of €1,270 has been used on another asset disposal).

Gain = €498
Less Annual Exemption = €1,270
Taxable Gain = €0
CGT @ 33% = €0
 
Hey there, I'm building a tool that helps you calculate your CGT if you'd like to try it out for free? In your case its a very simple calculation, but happy to provide you with free access if you'd like to test it out so you can get a clearer understanding of your CGT calculation/
 
The amounts aren't serious but it's good to understand the principles while they're small so they're correct when they're big.
 
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