AI · CoinDesk
Ireland bars crypto from new tax-advantaged investment accounts
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◎ Multiple-sources
Ireland is preparing to exclude cryptocurrencies from new government-designed personal investment accounts due to launch in 2027, while allowing savers to invest in listed stocks, bonds and exchange-traded funds.
Key facts
- Irish households hold 38% of their financial assets in cash and deposits, compared with an EU average of 30%, according to Central Bank of Ireland research
- The product list follows the European Commission’s September 2025 recommendation for savings and investment accounts
- The tax rate, threshold and annual contribution limit are due to be announced in October’s Budget 2027
- Ireland is preparing to exclude cryptocurrencies from new government-designed personal investment accounts due to launch in 2027, while allowing savers to invest in listed stocks, bonds
Summary
Ireland's upcoming 2027 tax-advantaged investment accounts will exclude cryptocurrencies, labeling them "highly complex and risky" products. Eligible assets for the new accounts include listed stocks, bonds, and ETFs, with providers handling tax reporting to simplify investor compliance. The initiative replaces the 8-year deemed-disposal rule with a low flat tax on value above a yet-to-be-set threshold to encourage retail participation. The accounts would carry no tax below a threshold that has yet to be set.