D Ducky Registered User Messages 137 19 Apr 2005 #1 Can anyone tell me what the CGT Threshold is in Ireland?
C ClubMan Registered User Messages 49,246 19 Apr 2005 #2 What do you mean by threshold? Each individual has an annual allowance of €1,270 and everything above that (less indexation relief, less allowable expenses, less previously incurred capital losses etc.) is assessable for CGT at 20%.
What do you mean by threshold? Each individual has an annual allowance of €1,270 and everything above that (less indexation relief, less allowable expenses, less previously incurred capital losses etc.) is assessable for CGT at 20%.
D Ducky Registered User Messages 137 19 Apr 2005 #3 I thought there was a threshold of for example 800K before you have to pay CGT.
H Ham Slicer Registered User Messages 463 19 Apr 2005 #4 Ducky said: I thought there was a threshold of for example 800K before you have to pay CGT. Click to expand... No. You might be thinking of CAT. There is a 500K threshold for CGT in terms of when you need a tax clearance cert on the sale of a property.
Ducky said: I thought there was a threshold of for example 800K before you have to pay CGT. Click to expand... No. You might be thinking of CAT. There is a 500K threshold for CGT in terms of when you need a tax clearance cert on the sale of a property.