To submit a late CGT return, in respect of shares sold at a profit above the €1,270 threshold for last year, any idea what form needs to be used & how to calculate the late interest / penalty etc pls ?
OK - I wasn't able to come up with anything on the Revenue website that clarified what the interest/penalties that might apply would be. If I was in the position of making a late declaration/payment I would first of all file it as it should have been in the first place and then maybe add a note explaining why (even if this was not an acceptable excuse) and acknowledging the fact that I might be expecting interest and/or penalties to apply. Then I would leave it to Revenue to come back with details of these if applicable.
A 10% late filing surcharge is pretty much automatic but can be waived in a limited set of circumstances at the discretion of the Revenue.
Interest is not normally pursued.
If the default was discovered in the course of a Revenue Audit, or if there was evidence of evasion or intention to mislead, then all bets are off and a substantial penalty would be applied.