Capital Gains Tax Allowance 2024/24 Ireland. Capital gains tax allowance 2024/24 ireland. The simplest way to avoid capital gains tax is to regularly use your capital gains tax allowance (officially known as your annual exempt amount or.

Regarding cgt rates, if you’re a higher or additional rate taxpayer (40 per cent or 45 per cent respectively) the cgt rate is 24 per cent on gains from residential. The capital gains tax allowance is set to reduce by over half it’s 2022/23 limit.