Tax Reliefs
Dail Éireann — 2026-05-26
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Simon Harris (FG), Wicklow

I thank the Deputy and will reflect on what he has said. I would point out that there are already a number of exemptions. If I am being bluntly honest with the House, I do not believe that existing levels of CGT are acting as a disincentive to investment because when they are looked at beyond the headline rate, we already have a range of exemptions and reliefs on CGT, which are designed to try to foster certain activities and avoid taxing people in situations that would be seen as unreasonable, such as retirements or the sale of a principal private residence. These reliefs reduce the level of CGT actually paid by many individuals, and include an annual exemption for the first €1,270 of gains arising from the disposal of assets. In addition, there are targeted reliefs for entrepreneurs and angel investors.
CGT, as with all taxes, is subject to ongoing review, which involves consideration and assessment of the rate of CGT and relevant reliefs and exemptions from CGT, and the policy and legislation around it will be reviewed as part of the annual budget and finance process. I will certainly reflect on what the Deputy has raised.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2026-05-26/debate/main
Retrieved: 2026-09-14T01:01:04+00:00
Sitting date: 2026-05-26