Capital Gains
Capital Gains Tax — Payment Deadlines
When and how to pay Capital Gains Tax in Ireland
📅 Key Dates
📋 Overview
Capital Gains Tax (CGT) is charged at 33% on gains from the disposal of assets — property, shares, business assets. There are two payment dates each year: 15 December (for gains January–November) and 31 January (for December gains). Payment is due even if you haven't filed your return yet.
✅ How to File — Step by Step
- Calculate the gain: proceeds minus acquisition cost, enhanced acquisition cost, and enhancement expenditure.
- Apply the annual CGT exemption (€1,270 per person).
- CGT is charged at 33% on the taxable gain.
- Pay via ROS or myAccount by the applicable deadline.
- Report the gain on your Form 11 (self-employed/directors) or Form CG1 (PAYE taxpayers).
⚠️ Penalty if Missed
Interest at 0.0219% per day on any CGT not paid by the deadline. A penalty may also apply for failure to report a gain.
📄 Revenue Forms
❓ Frequently Asked Questions
Generally yes — CGT arises at the time of disposal regardless of what you do with the money. Retirement Relief and Entrepreneur Relief may reduce or eliminate CGT in qualifying cases.
Not usually. Your Principal Private Residence (PPR) is exempt from CGT. However, if you rented out the home or used part for business, a portion of the gain may be taxable.
€1,270 per person per year. Any gain below this threshold is not taxable. This exemption cannot be carried forward — it is "use it or lose it" each year.