Quick answer
- Irish CGT is generally charged at 33% on chargeable gains above the annual exemption.
- The annual personal CGT exemption for an individual is €1,270.
- Allowable capital losses can reduce chargeable gains, but the records and filing position matter.
- Crypto income such as mining, staking, business receipts, or salary can require different treatment from a simple investment gain.
What counts as a crypto gain?
A crypto gain is normally the difference between the euro value you received when you disposed of the crypto and your allowable cost. A disposal can include selling crypto for euro, swapping one token for another, spending crypto, or gifting crypto.
The calculator keeps this simple: sale or market value minus purchase cost, less optional fees, losses, and the annual exemption.
CGT vs crypto income
A personal investment disposal is usually reviewed under CGT rules using cost, proceeds, losses, and exemption.
Mining, staking, salary, business receipts, or frequent trading may need income-tax treatment or specialist advice.
Simple example
| Sale value | €15,000 |
|---|---|
| Purchase cost | €10,000 |
| Gain before exemption | €5,000 |
| Less annual exemption | €1,270 |
| Taxable gain | €3,730 |
| Estimated CGT at 33% | €1,230.90 |
Where losses fit in
If you made an allowable capital loss, it may reduce your chargeable gains. You should keep evidence of the transaction, the euro value, the wallet or exchange record, and any explanation needed to support the loss. If you have complex losses, scams, lost keys, DeFi failures, or negligible-value situations, take tax advice before assuming the loss is available.
Frequently asked questions
What is the Irish CGT exemption?
The annual personal CGT exemption is €1,270 for an individual.
Can crypto losses reduce my tax?
Allowable capital losses can reduce chargeable gains, but you need records and the correct filing position.
Is staking taxed the same as selling crypto?
Not always. Staking, mining, rewards, salary, or business receipts may be income-type events.
Is this guide tax advice?
No. It is general information for planning. Use official guidance or a tax adviser for your own situation.
Can I use the calculator for filing?
Use it as an estimate only. Complex activity such as DeFi, staking, mining, business trading, or many swaps may need specialist software or advice.
Sources & references
Key takeaways
- Irish CGT is generally charged at 33% on chargeable gains above the annual exemption.
- The annual personal CGT exemption for an individual is €1,270.
- Allowable capital losses can reduce chargeable gains, but the records and filing position matter.
- Crypto income such as mining, staking, business receipts, or salary can require different treatment from a simple investment gain.