Late Filing CGT for 2017

[flyingfolly]

I made a small gain in 2017 and accidentally, didn't report it to Revenue (not sure how it happened tbh). It was 800 euros or so after CGT allowance. Have made all reports from 2018 onwards though, but looking back over paperwork we now realised it happened.

I'm obviously going to report it to Revenue so its dealt with right away, but any idea what the potential cost will be? I understand it will be 10% on top, plus 0.02% per day? Based on that, if the gain was 800 euros, then 10% on top makes it 880 total, then 0.02% daily interest rate would make it around 1 euro additional interest. Is that right?

Am I missing anything else?

 

[flyingfolly]

Or is it that the 0.02% interest is charged each day? So 0.16 cents extra per day (56.96 per year / 170 for 3 years late)?

 

[DB74]

Just pay the 10% surcharge, it's highly unlikely that interest will ever be charged