What is the CGT rate in Ireland and what is the annual exemption?

Ireland charges Capital Gains Tax (CGT) at a rate of 33% on chargeable gains. This applies to the sale or disposal of assets including shares, property (other than your principal private residence), cryptocurrency, and other investments.

Each individual has an annual CGT exemption of €1,270, which is not transferable between spouses. Gains below this threshold in a tax year are not subject to CGT. Losses realised in the same year, or carried forward from prior years, can offset gains before applying the exemption.

The CGT liability must be paid in two payment periods: gains realised between 1 January and 30 November are due by 15 December of the same year; gains realised in December are due by 31 January of the following year. The CGT return is filed as part of the Form 11 (self-assessed) or Form CG1 (for taxpayers not otherwise required to file a return).

Exemptions apply to certain assets: gains on your principal private residence are fully exempt (Principal Private Residence Relief), as are gains on government securities, prizes, and certain other specified assets.