Selling Standard Life shares - CGT issue

[Privinv]

Hi,
I am intending to sell Standard Life shares and want to ensure no CGT liability and would appreciate guidance on the following please -

• What is the allowance on share gain before CGT is applied?
• If I materalise a loss on AIB shares can that be used to offset the gain made?
• Do gains and losses have to be made in the same calendar year?
• I don't have a record of what I paid for the AIB shares - is it just a case of accessing share price record for the date on the share cert?
• How is the CGT return made?
• Where is the best place to sell AIB shares?

Appreciate the advice - thanks

 

[Joe_90]

Hi,
I am intending to sell Standard Life shares and want to ensure no CGT liability and would appreciate guidance on the following please -

• What is the allowance on share gain before CGT is applied? €1,270
• If I materalise a loss on AIB shares can that be used to offset the gain made? Losses can be offset in the current year and carried forward
• Do gains and losses have to be made in the same calendar year? Losses can be offset in the current year and carried forward
• I don't have a record of what I paid for the AIB shares - is it just a case of accessing share price record for the date on the share cert? Price on the day you bought x no acquired is fine, did you have any broker fees?
• How is the CGT return made?Form CG1 http://www.revenue.ie/en/tax/cgt/forms/formcg1.pdf
• Where is the best place to sell AIB shares? Not a clue

Appreciate the advice - thanks

Hope that helps

 

[Privinv]

Thanks for the reply Joe 90 - much appreciated.