What forex trading tax applies to Irish residents in 2026?
How this answer was verified
- Cross-checked against broker-published fact sheets, regulator licensing databases, and ESMA product intervention notices.
- Reviewed by the FX-Brokers EU editorial desks (Markets, Platforms, Regulation). Desk structure disclosed at /about/editorial-desks.
- Refreshed quarterly. The most recent verification date is shown above. Read our methodology.
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How is forex trading taxed in Ireland?
In Ireland, retail forex CFD profits are subject to Capital Gains Tax (CGT) at a flat 33%. The annual personal exemption is EUR 1,270 — gains above that are taxable. CFD trades that are very frequent and systematic may be reclassified as trading income subject to PAYE income tax instead. Reported via Form CG1 (Revenue self-assessment).
How is forex trading taxed in the UK?
In the UK, forex CFD profits are taxed as Capital Gains Tax (CGT) at 10% (basic rate) or 20% (higher rate) above the £3,000 annual allowance. Spread betting is tax-free for UK residents. Profits must be declared on a self-assessment tax return.
How is forex trading taxed in Europe?
Forex trading tax treatment varies significantly across EU countries. Germany taxes CFD profits at a flat 25% capital gains rate. France treats forex profits as commercial income (up to 45% marginal). The UK taxes most retail forex gains as capital gains (10-20%). Spread betting is tax-free in the UK and Ireland only.
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