Glossary · Investments and gains
CGT annual exemption
The first €1,270 of chargeable gains each year is tax-free.
Each person has a €1,270 exemption a year. It can't be transferred to a spouse or carried forward. Losses must be used before the exemption.
Work it out
Related terms
Capital Gains Tax (CGT) · Capital loss
All terms · General information, not tax advice.