Capital Gains Tax Ireland | Calculating, Paying & Filing CGT in Ireland

A step by step guide to Capital Gains Tax in Ireland. In this video, we explain how to calculate what you owe, where & when to pay CGT, and all the other important stuff you need to know about capital gains tax in Ireland (stocks & crypto).

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Capital Gains Tax can seem like a confusing topic, especially if you're a beginner investor in Ireland trying to figure out if you owe capital gains tax on your stocks/crypto (spoiler alert - you probably do) but in this video, we break it down for you.

💡 Key Moments:
00:00 1️⃣ What is Capital Gains Tax?
00:40 2️⃣ CGT Ireland
01:24 3️⃣ CGT Example with €1,270 Exemption
02:56 4️⃣ When to pay CGT in Ireland
03:52 5️⃣ How to pay CGT in Ireland
07:15 6️⃣ Filing CGT Return
08:25 7️⃣ Claiming a Loss
09:51 8️⃣ Calculate CGT
10:22 9️⃣ 'Bed & Breakfast Sale'

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How to file a Form 12 (Income tax return):    • Filing a Form 12 (Income Tax Return) ...  
How to file a Form 11:    • How To File a Form 11 (Self-Assessmen...  
Bed & Breakfast Sale:    • Avoid Capital Gains Tax in Ireland | ...  

📸 Snapshot Summary:
Capital Gains Tax Rate in Ireland = 33%
Annual individual tax exemption = €1,270
You PAY CGT in the year you sell*
You FILE your return the following year (by Oct 31st)
If you sell during 1 Jan - 30 Nov, pay by 15 Dec
*If you sell during December, pay by Jan 31st of following year

📋 Tax Forms:
CG1 Form: https://revenue.ie/en/gains-gifts-and...
Form 12 (income tax return): https://revenue.ie/en/self-assessment...
Form 11 (chargeable individuals): https://revenue.ie/en/self-assessment...

🖥 Useful Links:
Capital Gains Tax Guide | Revenue.ie : https://revenue.ie/en/gains-gifts-and...
CGT Exemptions: https://revenue.ie/en/gains-gifts-and...
PDF Guide: http://craddock.ie/wp-content/uploads...

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📌 Topics
#CGT #capitalgains #investingireland

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