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Capital gains tax

Capital gains tax

Which gains do you not need to pay Capital Gains Tax on?

You do not need to pay CGT on gains from:

  1. First €1,270 of gains
  2. Sale of own home
  3. Transfer site to son/daughter
  4. betting
  5. lottery wins
  6. prize bonds
  7. sweepstakes
  8. bonuses under the National Instalments Savings Scheme
  9. government stocks
  10. certain life assurance policies
  11. moveable property (such as furniture), where the gain does not exceed €2,540
  12. animals
  13. private motor cars.

Any queries on the above give me a call on 091 763817 or email me at oliver@taxreturnhelp.ie

 

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