Capital Gains Tax Archives - Terry Gorry & Co. Solicitors

Capital Gains Tax on Property Sales-the Essentials

February 29, 2024August 24, 2020 by Terry

Capital Gains Tax (CGT) arises when there is a chargeable gain on the disposal of an asset. CGT is calculated on the gain on the disposal of an asset. For example, if you buy a house for €150,000 in 2011 and sell for €195,000 in 2020 the tax is charged on the gain of €45,000. … Read more

Capital Gains Tax On Property In Ireland

May 17, 2024June 3, 2010 by Terry

Capital gains tax is a tax on the gains that arise on the disposal of an asset. This post will look at CGT on real property only (not shares). The charge to capital gains tax will arise when a number of conditions are fulfilled, namely,1. there must be a chargeable gain which2. accrues on the … Read more