Plus, I’d like to transfer my pension pot to an Approved Retirement Fund
When selling shares, it’s important to consider Capital Gains Tax
Q My daughter sold some shares about 10 years ago. She received €2,500 for them. She gets a dividend every year which ranges from €50 to €70. She would like to sell the remainder in the next few months and she would like to declare the shares. What are the tax implications for her?
A When selling shares, the key tax consideration is Capital Gains Tax (CGT), which applies only to the profit made on the sale, said Michael Cunningham, managing director of GSB Capital Ireland.
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