Capital Gains Calculator2025-09-29T06:46:39+00:00

Capital Gains Tax (CGT) Calculator

How Capital Gains Tax Works in Ireland

Capital Gains Tax (CGT) is a tax on the profit you make when you sell or dispose of a chargeable asset such as property, shares, or other investments. It’s not the full sale price that’s taxed, but the gain (Sale price – purchase cost – allowable expenses = taxable gain). Reliefs, exemptions, and accurate record-keeping can help reduce your final CGT bill.

Sale Proceeds:

Sales Fees & Costs:

Net Sales of Proceeds:

Cost Price:

Purchase Fees & Costs:

Total Cost of Asset:

Net Profit:

Less Personal Exemption:

Net Taxable Gain:

CGT Liability @ 33%:

Capital Gains Tax Calculator

Our Capital Gains Tax calculator helps you estimate the CGT due on the sale of an asset. Just input:

  • Sale price
  • Original purchase price
  • Associated costs (legal fees, auctioneer, etc.)

The tool will calculate the net gain, apply your €1,270 exemption, and show the estimated tax owed at 33%. It’s a quick way to understand your liability — but remember, it’s an estimate, not a substitute for full tax advice.

Reliefs, Exemptions & CGT Rates

The standard CGT rate is 33%, but there are valuable reliefs that can lower your tax:

  • Annual Exemption: The first €1,270 of gains per person per year is tax-free.
  • Retirement Relief: Available in some cases if you’re over 55 and selling qualifying business assets.
  • Entrepreneur Relief: 10% rate on certain business disposals (up to €1m lifetime limit).

You can also carry forward capital losses to offset future gains — helping to reduce your tax bill in later years.

Important CGT Payment & Filing Deadlines

There are two key CGT payment periods:

  • Disposals from 1 January to 30 November → Pay by 15 December of that year.
  • Disposals in December → Pay by 31 January of the following year.

You must also report the gain in your annual Form 11 tax return, which is due by 31 October (or mid-November if you file online through ROS or a provider like FastTax.ie). Missing these deadlines may result in penalties and interest.

FAQs

What is Capital Gains Tax (CGT) applied to?2025-07-23T10:51:11+00:00

You pay CGT on gains from the sale, gift, or exchange of assets, including:

  • Land (including development land)
  • Buildings (residential, commercial, or rental property)
  • Shares (Irish and foreign companies)
  • Intangible assets (goodwill, patents, copyrights)
  • Currency (other than Irish currency)
  • Trade assets
  • Foreign life insurance policies and offshore funds
  • Other assets (antiques, art, jewellery)

Certain reliefs or exemptions, like the first €1,270 of chargeable gains, may apply. Our FastTax.ie tool makes calculations easy.

When is CGT due?
2025-06-24T10:42:09+00:00

CGT is due based on the asset disposal date:

  • Between 1 Jan – 30 Nov: Pay by 15 Dec of the same year
  • Between 1 Dec – 31 Dec: Pay by 31 Jan of the following year

Payment must be made before filing the tax return to avoid penalties.

Do I need to file a tax return if no CGT is due?2025-06-24T10:42:22+00:00

Yes, you must file a return and calculate your gains, even if no tax is owed.

  • Filing Deadline: Submit by 31 Oct of the year after the disposal (or later with ROS).
  • Information to Include: Sale price, purchase price, expenses, and any exemptions.
  • Calculation: Subtract allowable expenses and reliefs from the sale price.
    Even if no tax is due, you must file the return to avoid penalties.
When do I have to pay Gift & Inheritance Tax?2025-06-24T10:43:46+00:00

Pay CAT based on the valuation date (the date the gift or inheritance value is determined):

  • Valuation Date 1 Jan – 31 Aug: Pay by 31 Oct of the same year
  • Valuation Date 1 Sep – 31 Dec: Pay by 31 Oct of the following year
Who pays Gift & Inheritance Tax?2025-06-24T10:43:33+00:00

The person receiving the gift or inheritance (the beneficiary) pays CAT.

  • If the value exceeds the tax-free threshold, the beneficiary must pay 33% on the excess.
  • Tax Return: File Form IT38 if gifts or inheritances exceed 80% of the threshold.
  • Pay & File Deadlines:
    • 1 Jan – 31 Aug: Pay by 31 Oct of the same year
    • 1 Sep – 31 Dec: Pay by 31 Oct of the following year
What are the lifetime tax-free thresholds?
2025-06-24T10:43:18+00:00

Lifetime tax-free thresholds for CAT are:

  • Group A: €400,000 (e.g., parent to child)
  • Group B: €40,000 (e.g., grandparent to grandchild)
  • Group C: €20,000 (all other relationships)

Gifts from a spouse or civil partner are exempt.
These thresholds are cumulative and cover all gifts or inheritances since 5 Dec 1991.

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