CGT Calculations

[edelweiss]

I have read other threads but not quite clear. The only shares I have/had were First Active & Eircon (Vodafone).

Can I offset any of my CGT demand received in post because of the following:

Bought 5703 eircom shares @ £3.07 = £17,508 June 1999
Sold 4600 eircom shares @ £3.71 = £17,081 July 1999
Commission £140.92 net = £16,939

1103 shares remained at July 2004 plus 44 free

Received €1,531.24 when eircom to valentia = 1147 shares = 1147 x €1.335
PLUS 543 shares from vodafone on 05/01


I am singly assessed, can anyone see anything here that be used to reduce CGT ?


PS - Thank goodness I sold the bulk of shares when I did !

 

[passport23]

CGT

Nothing. Pay your tax.

 

[Guest]

If you have incurred a loss on the 1103 eircom shares as a result of the Valentia buy-out



then chances are that this will have to be offset against the 2003 FA Capital Repayment leaving little or nothing to be offset against the 2004 takeover payment.

[broken link removed]

I'd love to go into more detail but I'm afraid that I have more than enough on my plate trying to sort out my own figures I'm afraid and payment is due by the end of the week! :\