Capital Gains Tax   back to taxes

Capital Gains Tax (CGT) is chargeable on gains arising on the disposal of assets, other than that part of a gain which arose in the period prior to 6 April 1974. Any form of property (other than Irish currency) including an interest in property (as, for example, a lease) is an asset for CGT purposes.

Rate of Tax

The standard rate in respect of disposals is determined based on the date on which the disposal was made as follows:

Disposals made:
The first €1,270 of an individual’s annual chargeable gains, net of allowable losses, is exempt. .