How do you pay and file CGT ?
How do you pay and file CGT?
When do you have to pay CGT?
For disposals made between 1 January and 30 November (the initial period) you must pay CGT by 15 December of the same year.
For disposals made between 1 December and 31 December (the later period) you must pay CGT by 31 January of the next year.
For disposals made under a written contract, the time of disposal is usually the date of the contract.
What paperwork do you include with your payment?
You must accompany each payment with the appropriate payslip:
- Form CGT Payslip A for the initial period
- Form CGT Payslip B for the later period.
How do you file your CGT return?
You should file by 31 October in the year after the date of disposal. You must do this even if no tax is due because of reliefs or losses.
Any queries in regards to the above give me a call on 091 763817 or email me at oliver@taxreturnhelp.ie
