Latest news and blog » Capital Gains Tax Threshold - Increase 2016-03-08
The increase in the CGT threshold to €1 million was introduced under Section 42 of the Finance Act 2015. This came into effect on 1 January 2016. The increased threshold applies solely in respect of residential houses, apartments etc.
The €500,000 threshold remains in place for disposals of all other Irish land and buildings (including commercial property).