Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Filling CG1 form home sold in 2021

Options
  • 20-10-2022 5:49pm
    #1
    Asimo1
    Registered Users Posts: 11 ✭


    Hi Guys,

    I am trying to fill out CG1 form and I a really strugling. We have sold our house in 2021, calculated the CGT as had only partial relief for PPR and paid CGT.

    Now I am trying to complete the CG1 form and I am wondering which questions do I need to answer on the form? and what do I need to fill in?

    Question 1(h): total sold price

    Question 2,3,4 : self? I have no idea

    Question 5(a): Total sold price?

    Question 7: total gain without any relief and costs (estate agent, improvements, sollicitor) made?

    Question 10: Total relief and costs made?

    Question 11: No idea

    Question 15: 1270.00

    Question 16: Sales price minus all the costs and reliefs?

    Question 21: same as Q16?

    Question 25 (a): same as 16?

    Question: 25(b): 33% of Q25a?

    Question: 25(f) What I already paid on tax in 2021?

    Question 25(g)(i) the difference and what is left to pay?

    Please correct me on the above and do I miss any question? 100% sure you would not only answer my questions but also of many others.

    Thank for all the help.

    Tagged:


Advertisement