Tax on Selling Gold in Ireland
Gains on selling gold in Ireland are subject to Capital Gains Tax at 31% for disposals from 7 October 2026 (33% before), after the €1,270 annual personal exemption. Jewellery and other personal items sold for €2,540 or less can be exempt as chattels.
Facts checked 30 October 2026 · Not financial, legal or tax advice
At a glance
| What you sell | How the gain is taxed | Notes |
|---|---|---|
| Gold bars and coins | CGT at 31% (33% for disposals before 7 Oct 2026) on gains above €1,270 a year. | No holding-period relief. |
| Jewellery and other chattels | Exempt if sold for €2,540 or less; above that, tax is capped at half the excess over €2,540. | Parts of a set sold to the same or connected people count as one item. |
| Silver | Same CGT rules. | Silver is bought with VAT; investment gold is VAT-free. |
How gold gains are taxed
- Gold is a chargeable asset for CGT. Budget 2027 cut the main rate from 33% to 31% for disposals on or after 7 October 2026; Revenue's guidance already applies it.
- Each individual has a €1,270 personal exemption a year, and it can't be carried forward.
- Chattels (tangible movable property) sold for €2,540 or less are exempt (s.602 TCA). Above that, the CGT is capped at half the amount by which the price exceeds €2,540. The exemption doesn't apply to currency or to commodities sold by or through a market dealer.
- There's no indexation or holding-period discount on gains.
Reporting
- Pay CGT by 15 December for disposals from January to November, and by 31 January for December disposals.
- File by 31 October of the following year on Form 11, paper Form 12 or Form CG1, even if no tax is due.
Losses
- Capital losses offset gains in the same year; unused losses carry forward to later years. They can't be set against income.
- A chattel sold for under €2,540 at a loss is treated as sold for €2,540.
Tax on Selling Gold in Ireland: FAQ
What is the capital gains tax rate on gold in Ireland?
31% for disposals on or after 7 October 2026, following Budget 2027; 33% before that. The first €1,270 of gains each year is exempt.
Is there a tax-free amount for selling jewellery in Ireland?
Yes. Tangible personal items, such as jewellery, sold for €2,540 or less are exempt from CGT, and above that the tax is limited to half of the amount over €2,540.
When do I pay CGT on gold I sold?
By 15 December for sales between January and November, and by 31 January of the next year for December sales. The return is due by 31 October of the following year.
Sources (6)
General information about the rules for individual investors, checked October 2026. Tax depends on your circumstances and residence; check with the tax authority or an adviser. Not tax advice.