Property bought 2011 to 2014: the special Capital Gains Tax relief

Land and buildings bought between 7 December 2011 and 31 December 2014 and held for four to seven years are fully relieved; longer, partly.

Property bought in Ireland or elsewhere in the European Economic Area between 7 December 2011 and 31 December 2014 gets its own relief. It was brought in to restart the property market.

• Owned for at least four and up to seven years: the whole gain is relieved.
• Owned for more than seven years: seven years' share of the gain is relieved.
• Owned for less than four years: no relief.

Revenue's example

Jane bought a house on 1 January 2012 for €250,000 and sold it on 1 January 2024 for €280,000. That's a gain of €30,000 after 12 years.

The relief goes on the return as relief under section 604A, with the gain shown before the relief.

Work it out

• Capital Gains Tax on property →

Sources

• Revenue: How to calculate CGT (checked 25/10/2026)

General information, not tax advice. HeyPenny is not a tax agent.