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.