Overpayment of Capital Acquisitions Tax (CAT)
If you overpay your CAT, you may apply for a repayment. A repayment of tax includes any:
- interest charged
- surcharge imposed
- penalty incurred.
Your application must be a valid claim for repayment. A valid claim is where you have provided all the information to enable Revenue to determine the amount of the overpayment.
A time limit applies to repayment claims. No repayment will be made unless a valid claim is submitted within the period of four years commencing on the:
John filed a CAT return and paid his tax for the period 1 September 2020 to 31 August 2021. He overpaid tax by €500.
John must submit a valid claim for a repayment of the tax overpaid by 31 December 2025.