Calls for capital gains tax to be reduced to 20% in Budget 2026

PwC said in its pre-budget submission the rate of capital gains tax should be reduced from one of the highest in Europe to help private businesses

Minister for Finance, Paschal Donohoe l. Picture date: Friday April 4, 2025.

Ireland's capital gain tax needs to be updated to ensure a fairer transfer of business and to promote sustainability, PwC has said. 

Publishing its pre-budget submission, the professional services firm said that Ireland's capital gain tax, which is one of the highest in Europe at 33%, should be lowered to 20% to help private businesses.