Grasshopper
Registered User
- Messages
- 14
I have participated in my companies ESPP scheme for the past 8 years. They afford a 15% reduction on the buy rates at either the start or end of the 12 month period, whichever was the lowest. It has performed really well in that time, so I have kept on investing and haven't touched it.
Now I plan to sell and will most likely pay off my car loan €33k and a chunk off my rental property €210k, with a tracker not doing so well now @ 2.15 above.
Have I got my calculations right: Costs basis €88k and can sell today for €125k. CGT would be €12,210 - €1270 = €10,940. Am I missing anything?
Am I mad to sell them all at once or should I sell over 3+ years to avail of the 1270 exemption? The stock price has performed very well, but I know that is no guarantee.
Also, another issue I need help with is that I have tried to apply for CGT access to pay on Revenue My Account. When I go in to Tax Registration Options there is not CGT option, only CAT. I also can't choose CGT as a taxation type in Maye a Payment section. Any ideas?
Thanks
Now I plan to sell and will most likely pay off my car loan €33k and a chunk off my rental property €210k, with a tracker not doing so well now @ 2.15 above.
Have I got my calculations right: Costs basis €88k and can sell today for €125k. CGT would be €12,210 - €1270 = €10,940. Am I missing anything?
Am I mad to sell them all at once or should I sell over 3+ years to avail of the 1270 exemption? The stock price has performed very well, but I know that is no guarantee.
Also, another issue I need help with is that I have tried to apply for CGT access to pay on Revenue My Account. When I go in to Tax Registration Options there is not CGT option, only CAT. I also can't choose CGT as a taxation type in Maye a Payment section. Any ideas?
Thanks