Taxpayers are reminded that the payment of CGT for disposals made in 'initial period' is due on or before 15 December 2009. As advised in eNews last week, taxpayers should send a cheque for the CGT amount together with a CGT payslip A to the Collector General. Payment may also be made via Revenue Online Service (ROS).
The 'initial period' runs from 1 January to 30 November 2009 inclusive. The CGT liability arising in respect of disposals made in the final month of 2009, 1 December to 31 December 2009, is due on or before 31 January 2010.
Taxpayers are also reminded that the standard rate of CGT is currently 25%, effective from 8 April 2009.
CGT payslip A, can be downloaded from the Revenue website Capital Gains Tax Forms page.