How capital gains tax works in Ireland
Irish CGT generally applies when you dispose of chargeable assets such as shares, investment property and many other investments. For individuals who are resident or ordinarily resident and domiciled in Ireland, worldwide gains can be in scope.
The standard rate is 33%. Individuals get a small annual exemption of EUR 1,270. Spouses cannot share unused exemption. Some offshore fund and life-assurance interests can face a higher 40% rate.
Reliefs can change the outcome completely. A qualifying principal private residence is often exempt, and targeted business reliefs can reduce tax on some entrepreneur or farm disposals when the statutory conditions are met.
Tax rates at a glance
- Standard CGT
- 33%Headline
- Annual individual exemption
- EUR 1,270
- Certain funds / policies
- 40%
- Corporate gains
- Often 33%
Who benefits most
These profiles tend to benefit most when the rules match their real residence, payroll and business setup.
InvestorsFoundersProperty ownersExpatsFamily offices
Watch out for
- Ireland does not use a light flat investment tax like some EU neighbours. 33% is the normal CGT answer unless a specific relief applies.
- Leaving Ireland can create departure or temporary non-residence issues for share disposals, so timing matters.
- Crypto and other digital assets are commonly analysed under CGT principles, but frequent trading can look more like income.
- CAT and CGT are different taxes. A gift or inheritance can raise CAT for the recipient even when the donor also has CGT points to check.
Frequently asked questions
Does Ireland tax capital gains?
Yes. The standard capital gains tax rate is 33% on most chargeable gains.
Is there an annual CGT allowance in Ireland?
Yes. Individuals generally have a EUR 1,270 annual exemption.
Are share sales taxed in Ireland?
Yes in most cases. Listed and private share disposals can both create CGT unless a specific exemption or relief applies.