Finance Bill 2025: Capital Taxes

The Finance Bill 2025 gives legislative effect to the measures outlined in Budget 2026 for amendments to Capital Gains Tax Revised Entrepreneur Relief. 

The Bill amends CGT Revised Entrepreneur Relief. The relief applies a reduced CGT rate to chargeable gains arising on the disposal of chargeable business assets made by an individual on or after 1 January 2016. The current lifetime limit of €1 million on which relief applies, is being increased in the Bill to €1.5 million in respect of disposals made on or after 1 January 2026.

Disposals of chargeable business assets made on or after 1 January 2016 but on or before 31 December 2025 up to a value of €1 million will be aggregated with disposals of such assets made on or after 1 January 2026 in applying the new lifetime limit.