Crypto tax services for Irish investors and businesses
Revenue applies ordinary tax rules to crypto, which sounds permissive and is the opposite — every transaction has to be characterised on its own facts. We reconcile the history, calculate the liability, and file it.
In short
Ireland has no special crypto tax rules. Disposing of a crypto-asset — including swapping one token for another — is a capital gains tax event charged at 33% after the €1,270 annual exemption. Mining, staking and being paid in crypto are generally income. From 1 January 2026, exchanges collect and report Irish users' transaction data to Revenue under DAC8.
What counts as a disposal
The word does far more work than people expect, and it is not limited to converting to euro.
- Selling crypto for euro or any other fiat currency.
- Swapping one crypto-asset for another — a disposal of the first at market value, even though no fiat moved.
- Using crypto to pay for goods or services.
- Gifting crypto to anyone other than your spouse or civil partner.
Crypto-to-crypto swaps are the largest source of unreported Irish CGT. Someone who moved between tokens fifty times without ever withdrawing to a bank account has made fifty disposals, each needing a euro valuation on the date it happened.
Income, not gains
Some activity is income when received and then falls into CGT again on a later disposal. Both layers apply; the income charge does not replace the capital one.
| Activity | Likely treatment |
|---|---|
| Being paid salary or fees in crypto | Income at the euro value on the date of receipt |
| Mining as a business | Trading income, with allowable expenses |
| Staking rewards | Generally income at the euro value when the reward becomes yours |
| Airdrops | Depends whether anything was done to earn them; often income where it was |
| Frequent, organised, systematic trading | Potentially a trade, taxed as income rather than CGT |
The deadlines catch people out
CGT payment comes before the return, which is the opposite of what most people assume.
| Disposal date | Tax payable by | Return due by |
|---|---|---|
| 1 January to 30 November | 15 December of the same year | 31 October of the following year |
| 1 December to 31 December | 31 January of the following year | 31 October of the following year |
Someone who made a large gain in February and plans to mention it to an accountant the following autumn has already missed the payment date by ten months, and interest runs daily.
What changed on 1 January 2026
DAC8 implements the OECD Crypto-Asset Reporting Framework across the EU, and its provisions apply from 1 January 2026. Reporting crypto-asset service providers must collect information on reportable users and their transactions, with the first returns covering 2026 data due from providers by 31 May 2027 and exchange between tax authorities following by 30 September 2027.
Revenue will receive transaction-level data about Irish residents directly from exchanges. The gap between what a taxpayer declared and what their exchange reported becomes visible without anyone opening an audit.
Reconciling the history
This is most of the work. Exchanges close, accounts get locked, APIs change, and portfolio trackers disagree with each other. Ireland uses first-in first-out matching with a special rule for assets bought and sold within four weeks, so the order matters and approximations do not survive scrutiny.
- You export full transaction history from every exchange and wallet you have used.
- We reconcile across sources and identify transfers between your own wallets, which are not disposals.
- We value each transaction in euro at the date it occurred, from a consistent source.
- We apply FIFO matching and calculate gains, losses and any income elements.
- We prepare the Form 11 and tell you the payment date, which is usually sooner than you expect.
Losses are worth claiming
Allowable crypto losses set against gains in the same year and carry forward indefinitely. A token that has become worthless, or an asset lost in an exchange collapse, may support a negligible value claim. None of it happens automatically — the loss has to be claimed, and claiming it means filing the return.
What it costs
Priced on transaction volume and the number of exchanges and wallets involved, quoted as a fixed fee once we have seen a sample of the history. A straightforward year on one exchange is inexpensive; six years across eight platforms with DeFi activity is not, and we will tell you which you are before you commit.
Sources
Crypto Tax questions we get asked
- Do I pay tax on crypto in Ireland?
- Yes. There are no special crypto rules, so ordinary ones apply. Disposals are generally subject to capital gains tax at 33% after the €1,270 annual exemption, while mining, staking and being paid in crypto are generally income.
- Is swapping one cryptocurrency for another taxable?
- Yes. A crypto-to-crypto swap is a disposal of the first asset at its market value on the date of the swap, and any gain is chargeable even though no euro were received.
- When do I pay CGT on crypto in Ireland?
- For disposals between 1 January and 30 November, by 15 December of the same year. For December disposals, by 31 January following. The return itself is separate and due by 31 October of the year after the disposal.
- Will Revenue find out about my crypto?
- Increasingly, yes. Under DAC8, which applies from 1 January 2026, crypto-asset service providers must collect data on Irish users and report it, with first returns due by 31 May 2027 and exchange between authorities by 30 September 2027.
- I have not declared previous years. What should I do?
- Come to us before Revenue comes to you. An unprompted qualifying disclosure made before an inquiry begins substantially reduces penalties and avoids publication on the defaulters list. Once an inquiry opens, that option is gone.
- Can you work from my portfolio tracker's export?
- We will use it, but we reconcile it back to the raw exchange and wallet exports rather than trusting it. Trackers routinely misclassify transfers between your own wallets as disposals, which inflates the gain you would otherwise pay tax on.
Read more on this
Crypto Tax
Crypto tax in Ireland
How Revenue taxes disposals, swaps, staking and mining — and why the DAC8 reporting that began on 1 January 2026 changes the risk of not declaring.
Tax Planning
Capital gains tax in Ireland
The 33% rate, the €1,270 exemption, the split payment deadlines almost nobody expects, and the reliefs that actually reduce the bill.
Deadlines
Irish tax return deadlines
Form 11, CT1, VAT3, B1 and CGT — every deadline an Irish business faces in a year, with the surcharge and penalty for missing each one.
Get a fixed quote for crypto tax
Tell us about your business and we will send a fixed-fee proposal within 48 hours.