Irish Crypto Taxes: 33% CGT, Split Deadlines, Zero Margin for Error
Ireland's flat 33% Capital Gains Tax and split payment schedule make crypto tax unusually tricky. Miss a deadline and interest starts immediately. We get your numbers right the first time.
Irish crypto tax at a glance.
Tax treatment of common activities.
How Ireland taxes different crypto activities under CGT and Income Tax rules.
| Activity | Taxable? | Notes |
|---|---|---|
| Selling crypto for EUR | Yes | 33% CGT on gains above €1,270 annual exemption |
| Crypto-to-crypto swap | Yes | Every swap is a disposal. 33% CGT |
| Spending crypto | Yes | Disposal at market value |
| Staking rewards | Yes | Income tax at marginal rate + USC + PRSI when received |
| Mining | Yes | Income or business income when received |
| Airdrops (earned) | Yes | Income at FMV when received |
| Airdrops (unsolicited) | Depends | No specific Revenue guidance. Most advisers treat as gift, CGT on disposal |
| Buying crypto with EUR | No | Track cost basis |
| Wallet transfers | No | But transfer fees may be considered a disposal |
| Gifts | Depends | Capital Acquisitions Tax at 33% if above lifetime thresholds. Gifts <€3,000/year exempt |
| NFTs | Yes | Same as crypto — CGT on disposal, income if creating/selling |
Rules you need to know.
Split Payment Deadlines
Ireland has an unusual split CGT payment schedule. For disposals between January 1 and November 30, CGT is due by December 15 of the same year. For December disposals, CGT is due by January 31 the following year. Miss these and interest accrues from the due date.
No Long-Term vs Short-Term Distinction
Unlike Germany, Portugal, or the US, Ireland charges the same 33% rate regardless of how long you held the asset. There’s no holding period benefit.
The 4-Week Rule
If you sell crypto at a loss and rebuy the same asset within 4 weeks, the loss can only be offset against future gains from that specific asset. This prevents wash-sale-style tax loss harvesting.
Losses Carry Forward Indefinitely
Capital losses can be carried forward against future gains with no time limit, but they MUST be reported on a CG1 form to be recognized by Revenue. Unreported losses may not be accepted later.
Sound familiar?
We import all transactions, calculate each disposal’s gain/loss in EUR, apply FIFO, net the annual result, subtract the €1,270 exemption, and prepare the figures for your CG1 or Form 11.
We calculate the exact amount owed including interest, prepare a disclosure, and give you the figures to file. The sooner you act, the less interest accrues.
Potentially, but they must be declared on a CG1 form. We help you file amended returns to register the losses for carry-forward.
Irish crypto tax questions.
What is the crypto tax rate in Ireland?
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Capital gains from crypto are taxed at a flat 33%. The first €1,270 of annual gains is exempt. Income from mining or staking is taxed at your marginal income tax rate plus USC and PRSI.
When do I pay crypto CGT in Ireland?
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For disposals from January to November, CGT is due by December 15. For December disposals, CGT is due by January 31 the following year. The annual return is filed by October 31.
Can I carry forward crypto losses in Ireland?
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Yes, capital losses carry forward indefinitely to offset future gains. But you must report them on a CG1 form — unreported losses may not be recognized by Revenue.
Your Irish Crypto Tax Filing Checklist
Everything you need before filing. Tick these off and you're ready.
- ☐All exchange accounts — API keys or CSV exports
- ☐DeFi wallet addresses
- ☐Staking/mining reward records with dates and EUR values
- ☐Previous CG1 or Form 11 filings
- ☐Any unreported capital losses from prior years
- ☐PPS Number (Personal Public Service Number)
- ☐Records of any gifts/inheritances of crypto
- ☐Revenue Online Service (ROS) or MyAccount access details
- 💡Revenue is increasing crypto compliance activity. Split CGT payment deadlines (Dec 15 and Jan 31) mean timing matters.
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Get Your Irish Crypto Tax Quote →This page provides general guidance about Irish crypto taxation and is not personalised tax advice. Tax rules change frequently. Consult a qualified Irish tax adviser for advice specific to your situation.