CGT on sale of shares question

B

bigjoe_dub

Registered User
Messages
537
I have shares in several companies. I get paid dividends on a good few of these.

My questions is on the CGT on selling shares and the income derived from dividends.

If I sell any shares I am liable for CGT on any profit. I think there is an allowance before CGT is due of about €1300, is this correct? If I do not reach the allowance of €1300(or whatever the amount is) do I still have to report it. (Form 12 is what I will be completing)

When reporting to revenue are dividends to be included for CGT also or is this reported as exrta income (am a PAYE worker)?
 
thanks for that Brendan. some nice clear examples there.

Any advise on do I need to report if I do not reach the allowance and also the dividends part.
 
bigjoe_dub said:
thanks for that Brendan. some nice clear examples there.

Any advise on do I need to report if I do not reach the allowance and also the dividends part.
Click to expand...

Capital gains can be declared on form CG1, it's simple enough.
Dividend income can be declared through PAYE online.
 
You must log in or register to reply here.
Back
Top