The 2009 CGT year is divided into a revised set of two periods for CGT payment purposes. The payment of CGT for disposals made in ‘initial period’ which runs from 1 January to 30 November inclusive, was due on or before 15 December 2009.

Chartered Accountants will be aware that the standard rate of CGT is currently 25%, effective from 8 April 2009. Taxpayers should send a cheque for the CGT amount to the Collector General's office in Limerick. The payment should be accompanied by a CGT payslip A which is for disposals made in the initial period. Taxpayers can also pay their CGT liability via Revenue Online Service.

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.

CGT payslips can be downloaded from the Revenue website Capital Gains Tax Forms page.