Shares

Whether you’ve shares or share options, All4U Tax Services can help you meet your Tax responsibilities.
If you are given shares or shares options by your employer you will generally need to pay tax twice:

1. Income Tax when you receive the shares
2. Capital Gains Tax (CGT) when you sell them.

if an employee receives share options from their employers , he / she  is obliged within 30 day to remit the tax liability to Revenue. The onus is on you the employee to calculate the tax due and file the necessary tax returns. Sometimes, employees assume their broker or employer has looked after paying all of their taxes and filing the necessary returns however this is not the case.

Capital Gains Tax when you sell shares

When you sell your shares you will may be liable to CGT on any gain arising. The gain is calculated as the difference between sales proceeds and the market value of shares at date of purchase minus exemptions. Filling dates for CGT are dictated by when the sale is made.

Whatever your situation with shares and share options, All4U Tax Services can prepare your tax returns. We will ensure you claim any reliefs due to you. By giving you a fixed, competitive price, we can take the worry away when it comes to tax returns.