Tag: capital gains tax reliefs

  • Capital Gains Tax on Property Sales-the Essentials

    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.…

  • Capital Gains Tax On Property In Ireland

    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…