Revenue eBrief No. 142/26
06 October 2026
Capital Gains Tax - rate of charge (S.28)
Tax and Duty Manual Part 02-03-01A entitled "Capital Gains Tax - rate of charge (S.28)" has been updated to reflect the 2% reduction to the standard rate of Capital Gains Tax (CGT) to 31% announced in Budget 2027. The reduced rate will apply to disposals made on or after 7 October 2026.
The manual outlines that rates other than the standard rate of CGT apply in respect of certain chargeable gains. This includes chargeable gains on disposal of development land, which continue to be chargeable to CGT at a rate of 33% (as set out in TDM Part 22-02-03 "Development land: rate of charge").