Saturday July 11, 2020

Calculate your capital-gains-tax bill the easy way

We bought a house for IR£120,000 on March 31, 1998, and lived in it for four years. Dilemma:

12th November, 2005

We bought a house for IR£120,000 on March 31, 1998, and lived in it for four years. It has been rented out since then. We sold it on October 5, 2005 for €500,000. Dilemma:

We would like to know how to calculate the capital gains tax bill and how much we owe the Revenue Commissioners. Also, how and when do we pay CGT? Is it a simple procedure, or should we give it to a qualified adviser to...

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