Upper Third Chartered Accountants
Chartered Accountants
  • Home
    • Contact Us >
      • About Us
  • School Accounts
    • Schools - RCT & VAT
    • SCHOOL ACCOUNTS FAQ
    • Parents
    • Principals
    • Treasurers
    • Requirements
  • Payroll
  • Small Business
    • Professionals
    • Farmers
  • Tax Returns
    • Income Tax
    • Corporation Tax
    • Capital Gains Tax
    • VAT - Value Added Tax
    • Capital Acquisitions Tax
    • Local Property Tax
  • Parish Accounts
  • The Accounts Blog

Capital Gains Tax

Capital Gains Tax (CGT) is a tax on the profit made by disposing of an asset. The most common disposals that make people liable to CGT are the sale of shares and the sale of land or buildings. If you sell your own principal private residence you are, in most cases, not liable to CGT.

The current rate of CGT is 33%. The first €1,270 of a gain realised in any year is exempt. At Upper Third we can give you advice on the potential liability for a transaction, calculate the liability on completed transactions or complete your CGT return. Phone 051-873913 for further details.
Powered by Create your own unique website with customizable templates.