Capital Gains Tax (CGT)

Capital Gains Tax (CGT)

 

Capital Gains Tax arises when a taxpayer disposes of a Taxable Asset. The main assets that CGT applies to are Property, excluding your private residence, Shares and other non movable assets.

For Irish Residents, disposal of assets located anywhere in the world are liable to CGT, Eg Foreign property.

CGT applies to All Taxpayers , not just those who own or run a business.

It is also a ‘Self Assessment’ Tax. This means that a taxpayer is obliged to pay CGT and File a CGT Return within the specified time periods.

We will calculate your CGT liability, ensuring you obtain all the reliefs you are entitled to, and complete and file your Return with Revenue in a timely an cost effective manner for you.