Useful Information

Capital Gains Tax

Capital Gains tax is payable on the profit on disposal of certain assets.

The rate of Capital Gains tax is based on the date of disposal as follows

From Date:To Date:Rate
 14th October 200820%
15th October 20087th April 200922%
8th April 20096th December 201125%
7th December 2011 30%

For certain windfall gains the windfall gains tax rate is 80%.

 

Who is liable?

Any person resident (or ordinarily resident) in Ireland is liable for tax on gains made anywhere in the world. People ordinarily resident or not domiciled in Ireland should get professional advice.