Budget 2027 announcements. Implementation dates vary. · By K Imports

Budget 2027: CGT falls to 31% for qualifying disposals

The disposal-date change, development-land exception and continued annual exemption.

Sources checked 2026-10-07.

Who it affects and when

Audience: People disposing of assets potentially within Irish Capital Gains Tax.

Timing: Announced standard-rate reduction for disposals on or after 7 October 2026.

Standard rate: The standard CGT rate falls from 33% to 31% for disposals on or after 7 October 2026. Earlier dates are not retrospectively switched to the new rate.
Development land: The Department explicitly retains the 33% rate for development land. The standard-rate calculator does not support development-land transactions.
Other calculation rules: The rate announcement does not remove allowable costs, losses, relief conditions or filing requirements. The €1,270 personal annual exemption remains shared across the year's qualifying gains, not a fresh exemption for each disposal.

Use the legally relevant disposal date, not simply the date you received cash.
Keep a supported acquisition cost and allowable transaction costs.
Allocate the annual exemption and losses consistently across the year's disposals.

Rate-only difference: On €10,000 of gains already determined to be chargeable after exemptions and losses, 31% is €3,100 versus €3,300 at 33%. The €200 difference is not an additional exemption.

Select the disposal date. These standard-rate tools preserve historical scenarios and exclude development land.