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Capital Gains Tax Calculator (CGT)

CGT calculations based on tax year 2020.

Asset Name:

Date of Sale:

Sale Proceeds:

Sales Fees & Costs:

Net Sales of Proceeds:

Date of Purchases:

Cost Price:

Purchase Fees & Costs:

Total Cost of Asset:

Net Profit:

Rate of CGT

If you are an individual, you have a personal exemption of €1,270 each year. If your chargeable gain is less than this, you will not have to pay any CGT.

The rate of CGT is 33% for most gains. There are other rates for specific types of gains. These rates are:

40% for gains from foreign life policies and foreign investment products
15% for gains from venture capital funds for individuals and partnerships
12.5% for gains from venture capital funds for companies.
Venture capital is money that is invested in a start-up company or small business.

Please Note

Tax Return Date

Your tax return for the tax year in which an asset was sold must be sent to the Revenue by 31 October following the end of the tax year.

If you miss this date you will be charged a penalty along with the tax due. This applies even if you actually paid the tax on time but were late sending in your tax form.

Tax Payment Dates

The tax due is payable on the following dates –

15 December – Each year for assets sold/disposed during the preceding 1 January to 30 November (Initial Period).

Click Here to down your CGT Payslip A for the Initial Period  (1 January to 30 November)

31 January – Each year for assets sold/disposed during the preceding December (Later Period).

Click Here to down your CGT Payslip B for the Later Period (December)

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Need further Tax advice on CGT Calculation?

We can provide further advice on CGT Calculation and other tax matters by  way of consultation. Learn more by speaking to our tax experts today.