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