CGT question

[easternbrown]

Hi, myself and a friend bought a house in Ireland, he did not have all of his half of the money at the time so I lent him what he needed (about £43K).
He has now paid me back this money to my account in Ireland.
The Irish bank are asking me where this money has come from, presumably for money laundering rules.
Am I right in assuming that as the money is paying me back for a loan in effect, CGT wont be applicable?
I understand that I am asking about Irish tax law here but i imagine it is similar.
Thanks in advance for any help with this...

[bd6759]

Repaying a debt is not liable to CGT.