Thank you to Amicus: Search and Recruitment for Sponsoring this episode. To find your next Finance or Accounting Role, head to https://amicus.ie/ and tell them that we sent you!

In this bite-sized episode of Study for Tax in your Coffee Break, I’m revisiting CGT Offset - a topic that often appears in exam questions and can easily catch students out on the details.

We walk through how CGT Offset works when a disponer pays Capital Gains Tax and the beneficiary has a CAT liability, along with the key rule that the offset only applies to the same transaction. I also explain why one beneficiary can’t use CGT paid on a different gift or inheritance, how the relief is capped at the CAT liability, and the important two-year clawback rule that students need to remember for exams.

If you’re preparing for tax exams and want a quick refresher on CGT offset in a clear and practical way, this episode is for you.

Main Topics Discussed in this Episode:

1. What CGT offset is and when it applies
2. The relationship between CGT and CAT liabilities
3. Why the offset only applies to the same transaction
4. Limits on claiming CGT offset
5. The two-year clawback rule

Thank you for listening to Study For Tax in your Coffee Break! If you enjoyed the episode, make sure to leave a rating and review on your Podcast platform and share it with others to let them know you enjoyed the podcast.

To improve your study for the ACCA ATX Exams this year, head to Paula Byrne's website to purchase the Tax Conditions - the Spoken Word for audio-based revision (updated for 2026).

Thank you to Matthew Bliss for editing and production of this episode. If you'd like him to edit your podcast, send an email to business@mbpod.com or head to https://www.mbpod.com/.

Mentioned in this episode:

Get your Audio Revision for the 2026 ACCA Exams