Stamp Duty Explained - Updated for Finance Bill 2008

By The Daft Team

1. What is Stamp Duty?
2. How much Stamp Duty will I have to pay?
3. What is my status as a buyer?
4. What type of home are you buying - how much Stamp Duty applies to you?
5. When is Stamp Duty payable?
6. Stamp Duty on Land and Sites
7. Clawback of Stamp Duty

With immediate effect the Stamp Duty regime applicable to residential property is being reformed and simplified.

Under the existing system, a single rate of Stamp Duty applies to the full value of the property. This is no longer the case.

1. What is Stamp Duty?
Stamp duty is the tax payable to the government for changing the documents that specify who owns a particular property.

2. How much Stamp Duty will I have to pay?
Depending on your status as a buyer and the type of property you are purchasing, stamp duty can form a considerable expense. The amount of stamp duty applicable to your purchase depends on several key factors:

Status as a buyer:	First time buyer, Owner-occupier or Investor
Property Type:	Second-hand or New home
Floor Area:	The size of the property

3. What is my status as a buyer?

• First time buyers:
  A first time buyer is a person who has not previously purchased or built a house or apartment anywhere in the world and who is purchasing the property for use as their main residence and not buying the property in order to rent it out as an investor.
• Owner-occupiers:
  An owner occupier is a person who purchases an apartment or house for use as their principal residence.
• Investor:
  A person buying a property as investment, examples include a second home, or purchasing a property in order to let it out.

4. What type of home are you buying - how much Stamp Duty applies to you?

New Homes

First-time buyers do not have to pay any stamp duty on new homes.

For Owner occupiers the following rules apply:
- On a property where the floor area is less than 125 sq. metres - No stamp duty
- On a property where the floor area is greater than 125 sq. metres, stamp duty is payable at the following rates, but is based on the greater of either the site value or 25% of the VAT exclusive purchase price:

Property Value	Rate
Up to €125,000	Exempt
Next €875,000	7%
Balance	9%

Investors also pay stamp duty on new homes according to the above table

Second hand homes

First-time buyers do not have to pay any stamp duty on second hand homes.

Owner occupiers and Investors pay stamp duty at the following rates:

Property Value	Rate
Up to €125,000	Exempt
Next €875,000	7%
Balance	9%

5. When is Stamp Duty payable?
When closing the sale, your solicitor will calculate the exact stamp duty due and you will be required to pay this amount to the Revenue Commissioners. Your solicitor will usually arrange this payment.

6. Stamp Duty on Land and Sites
Stamp duty for the purchase of land & sites is based solely on the price and there are no reductions for first-time-buyers or owner-occupiers.
It is calculated as follows:

Price of Property:	Stamp Duty Rate
Up to €10,000	0%
€10,001 - €20,000	1%
€20,001 - €30,000	2%
€30,001 - €40,000	3%
€40,001 - €70,000	4%
€70,001 - €80,000	5%
€80,001 - €100,000	6%
€100,001 - €120,000	7%
€120,001 - €150,000	8%
over €150,000	9%

7. Clawback of Stamp Duty
The exemption from stamp duty for first-time house buyers and buyers of certain new homes is currently clawed back if the purchaser rents out the home within 5 years of date of purchase. This clawback period is being reduced to 2 years for all deeds of transfer executed on or after 5 January 2007.

For deeds of transfer executed before 5 December 2007, if that house or apartment is rented out on or after 5 December 2007, it will not involve a claw-back of relief where this happens in the third, fourth or fifth year of ownership.

For further information about stamp duty including exemptions and full explanations of all rules please consult http://www.citizensinformation.ie/ and the Revenue Commissioners website www.revenue.ie

Discuss This Article

• Re: Stamp Duty Explained Posted By: shay Date: Thursday December 6, 2007 @12:33PM

  do rates differ for residential property investors ?

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• Re: Stamp Duty Explained Posted By: phil Date: Sunday May 4, 2008 @03:51PM

  If a person receives a house as a gift or through inheritence and subsequently sell it and buys another are they considered a first time buyer. If you adhere strictly to the definintion of "having built of purchased a home" then technically they are not. Having paid gift or inheritance tax on the first property are they not entitled to be classed as first time buyers?

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Thursday November 12, 2009 @08:01PM

  I once owned and sold a leasehold apartment abroad.
  This being my only property purchase.
  Am I a first time buyer in Ireland?

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• Re: Stamp Duty Explained Posted By: E Hannon Cobh Date: Thursday December 6, 2007 @03:23PM

  Your table of stamp duty rates is very misleading.
  
  There are only 2 rates of duty 7% and 9%
  7% applies after E125,000 and 9% after E1,000,000
  
  Showing all different rates will be very confusing indeed for potential house buyers and I presume you are coming up with these rates because you are not deducting the first E125,000 which is exempt.
  A far easier method is as explained by the minister for finance in his budget speech.
  First 125,000 exempt
  Balance up to 1,000,000 @ 7%
  Balance over 1,000,000 @ 9%
  
  Regards
  
  E Hannon

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Friday December 7, 2007 @04:07PM

  The table you are referring to is stamp duty on land and sites. The residential stamp duty is explained very clearly in the above article

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Saturday March 29, 2008 @11:32PM

  THANK YOU FOR YOUR EXTREMELY EASY EXPLANATION WELL DONE !

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• Re: Stamp Duty Explained Posted By: salah abudabeeb Date: Friday May 30, 2008 @05:23PM

  if i want to perchete ahouse costing 360000. is the stamp duty 7% calculated from the whole money ie. 360000 or we have to deduct 125000 first

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• Re: Stamp Duty Posted By: manish sodha Date: Thursday August 28, 2008 @12:19PM

  we had purchased a house in 1995 where at that prevailing time there was no stamp duty on mhada plot. we had directly purchased the house from the builder at the time of booking.we had made an Agreement of rs. 360000/-.now
  today as per the advertisement it is said that all those who have purchased houses in mhada will have to pay the stamp duty. are we liable to pay stamp duty even if we have directly purchased for the first time from the builder directly. if yes than how much do we have to pay.

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• Re: Stamp Duty Explained Posted By: Anthony Date: Friday April 17, 2009 @03:07PM

  I agree, the table above could be much clearer.

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• Re: Stamp Duty Explained Posted By: martina Date: Tuesday October 6, 2009 @03:23PM

  I bought and sold my first house, and want to buy a second one do I still pay stamp dute

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• Re: Stamp Duty Explained Posted By: Patrick Roche Date: Friday December 7, 2007 @05:16PM

  From what date do these new rates apply?

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Friday December 7, 2007 @08:03PM

  Rates apply from December 5th but retrospection will apply to any property transactions that took place in the previous 30 days.

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• Re: Stamp Duty Explained Posted By: Kevin Kilfeather Date: Sunday December 9, 2007 @07:45PM

  From what EXACT date, with regard to house sales/purchases on in hand, do these new rates of stamp duty apply. In other words, if somebody has calculated their house sale expenses and purchasing another home, does the new rate apply then and there regardless of having paid a deposit or in the middle of a sales or purchase transaction?

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• Re: Stamp Duty Explained Posted By: Aran Kane Date: Wednesday December 12, 2007 @02:41PM

  i have recently sold my first house. At the moment i am looking at buying a house in the athy area, the house is priced at 290,000. Would anybody be able to tell me the rate of Stamp duty that i would be paying on that property?

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• Re: Stamp Duty Explained Posted By: Dave Clarke Date: Sunday December 16, 2007 @04:31PM

  As I understand it you deuct 125000 from the asking price of 290000 to give 165000. Then calculate 7% of this as the stamp duty which is 11550. Add this to 290000 to give a final figure of 301550

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• Re: Stamp Duty Explained Posted By: mick Date: Wednesday January 23, 2008 @09:20PM

  just read your mesage im selling my house in athy. its a must see would you like to view it?

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• Re: Stamp Duty Explained Posted By: John G Date: Friday December 28, 2007 @02:39PM

  Re status of 'First Time Buyer'.
  
  If a couple buy a house together jointly owned and subsequently split up and dispose of property. Can they now as individuals be regarded as first time buyers if either decides to purchase another property?

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Sunday March 16, 2008 @01:36PM

  when did the stamp duty reduce from 5 years to 2 years

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Sunday March 16, 2008 @01:50PM

  I bought my appartment in JUNE 2007 AS OWNER OCCUPIER HOW LONG DO i HAVE TO LIVE IN IT TO BE EXCEMPT FROM CLAWBACK OF STAMP DUTY

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Sunday December 30, 2007 @08:35PM

  What stamp duty do i have to pay if i am buying a second hand house worth 470,000 being a home owner already? I would be selling my current home. Do you pay less stamp duty by buying a site and building on it? What stamp duty do you pay if you are inheriting a site and building on it?

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• Re: Stamp Duty Explained Posted By: Jimmy Date: Monday December 31, 2007 @11:15PM

  I can't understand why first time buyers have to pay stamp
  duty on a site as this is the best way for some of them to get a house.

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Tuesday January 15, 2008 @09:25PM

  if my husband is the owner of our house ie my name is not on the deeds and we sell and buy another house for 300,000 and i purchase the house in my name only will i have to pay stamp duty as i would be considered to be a first time buyer?

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• Re: Stamp Duty Explained Posted By: Mrs McCabe Date: Wednesday January 16, 2008 @11:05PM

  I'm an owner occupier buying a new build, still under construction. However its had a previous owner who never occupied it but now selling it on.
  Does stamp duty apply to me or is it regarded as a new house as it has not been lived in.?

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• Re: Stamp Duty Explained Posted By: michael price Date: Wednesday January 23, 2008 @08:58PM

  just reading your mesage on stamp duty we are in a simular situation and are looking for the answer. if you found out any information please could you let me know my email is
  pricemichael78@gmail.com thanks.......

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• Re: Stamp Duty Explained Posted By: breda Date: Monday April 20, 2009 @12:34PM

  Myself and partner purchased a house in June 2006. Both names are on the contract. This was my second house to buy so therefore I was not excempt from S.T. This was the first time my partner purchased a home. We had to pay the full stamp duty €36,000. Should his share of Stamp Duty been excempt.

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• Re: Stamp Duty Explained Posted By: Jennifer Date: Sunday January 20, 2008 @07:00PM

  If the floor size of the house is 124.7sq/m( ex Balcony) would i pay stamp duty? Is the balcony taken into account when calculating a size of a house?

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Monday January 21, 2008 @02:04PM

  I am told that stamp duty on a new build house is exempt or reduced, but I am confused?
  A house I am interested in is a detached house of about 2500ft²selling for about €800k.
  Q. Is it exempt from stamp duty for an owner occupier? and if not, how is stamp duty assessed?
  Q. If Stamp duty is applied, does the allowence of the first €125k apply

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• Re: Stamp Duty Explained Posted By: bernie Date: Wednesday February 27, 2008 @04:23PM

  i have seperated from my husband . will i have to pay stamp duty on my new home?

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Friday January 25, 2008 @09:54AM

  I am Buying a fully furnished show house, is this still counted as a new home ?? ( I am first occupier ) Thx

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• Re: Stamp Duty Explained Posted By: Sean Date: Sunday February 10, 2008 @06:05PM

  As long as the house hasnt been purchased by anybody in the past it is considered a new home and no stamp duty will be payable (provided the house is under 125 square meters}

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Monday January 28, 2008 @04:11PM

  do you have to pay stamp Duty on a house which is giving to you?

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Friday November 13, 2009 @04:51PM

  Brother and sister each have a site they want to do a swap ,they have already paid stamp duty few years past when they received da site do they pay it again when they do the swap?

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Monday February 4, 2008 @08:33PM

  HOW DO THEY NO IF A PERSON FROM OUTSIDE IRELAND IS NOT A FIRST TIME BUYER ?????

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• Re: Stamp Duty Explained Posted By: Gretta Date: Wednesday February 6, 2008 @08:56PM

  You have to provide a statuatory declaration to this effect.

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Sunday March 16, 2008 @02:51PM

  HOW DO REVENUE KNOW IF A PERSON FROM OUTSIDE IRELANDIS A FIRST TIME BUYER

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• Re: Stamp Duty Explained Posted By: john gargan Date: Friday February 15, 2008 @10:33AM

  What is the situation with stamp duty if I have built a house and seperated from my wife.she is residing in the house. Would I be classed as a first time buyer??

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• Re: Stamp Duty Explained Posted By: Anitra Date: Monday October 13, 2008 @12:41AM

  If you have a legally binding separation agreement, stamped up by both of your solicitors, and you signed a waiver removing your name from the deeds of what was your primary residence, as a separated person, you are then entitled to purchases a property in your own name as a first time buyer, and avail of all the benefits available to first time buyers, as long as you intend to be an owner occupier and use the house as your new main residence.

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Sunday February 24, 2008 @06:32PM

  I work in Dublin but live in Roscommon. My principal residence is in Roscommon - I am an owner occupier. I work from home a couple of days per week and rent an apartment nearer work so I have somewhere to stay when I am in Dublin. Thi si usually a few night per week. I want to buy an apartment near work for my own use when I'm working in the city. Will I have to pay stamp duty?

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• Re: Stamp Duty Explained Posted By: Rich Date: Wednesday February 27, 2008 @03:27PM

  My girlfriend owns a house already, we are considering buying a place together (she would sell her existing place)
  
  Can I claim first time buyers stamp duty exemption on my portion of the house?

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Friday April 17, 2009 @03:10PM

  Not if you're buying a place together as she is not a first time buyer.

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• Re: Stamp Duty Explained Posted By: niall Date: Friday March 7, 2008 @02:47AM

  i was left land (worth 110,000 )can anyone tell me how much i would have to pay??
  if i bought the land for 5,000 would i have to pay anything at all,in an agreement so to speak

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• Re: Stamp Duty Explained Posted By: Audrey Date: Tuesday June 17, 2008 @12:26PM

  You would be liable for inheritance tax unless you can prove it was gifted to you. (not liable for any tax up to a value of 254,000) you should really ask your solicitor/local tax office for advice

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Monday March 10, 2008 @07:34AM

  I am confused. I plan to buy a house as an owner occupier for 600K. I am not a first time buyer.
  
  Price of house 600k
  
  Price of site on which house is built = 130k
  
  25% of cost of hosue = 150k
  
  (25% of value of house 150k is higher than value of site 130k)
  
  S.D. Exemption 125K
  
  Stamp duty payable on 150k less 125k = 25k @7% or a stamp duty liability of 1.750.00 Euro.
  
  Is this correct

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Wednesday March 12, 2008 @08:02PM

  Two people buying a house, one a first time buyer and the other already has a house. They are getting married.
  What Stamp duty are they liable for and if the Title Deed is kept in the name of the first time buyer does this make a difference

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• Re: Stamp Duty Explained Posted By: D Date: Sunday November 9, 2008 @01:26AM

  Did you get any clarification on it - i.e. can you put the house you intend to purchase in the name of the first time buyer and subsequently get married and thereby not pay tax ??

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• Re: Stamp Duty Explained Posted By: Marian Date: Tuesday October 13, 2009 @10:04PM

  I purchased a house in 2005 and was a first time buyer. I have since married and we want to buy a house together. If we buy and register the house in my husbands sole name is he entitled to be classed as a first time buyer and will we have to pay stamp duty.

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• Re: Stamp Duty Explained Posted By: A. Farrell Date: Wednesday January 21, 2009 @03:05PM

  I am interested in the answer to this query (House 600k Owner Occupier - Not a first time buyer). Can you advise if the calculation is correct??
  
  Tks

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Sunday April 12, 2009 @12:16PM

  Did you get clarification on this? As I am in same situation and also find it rather confusing as no ones seems to know this part of Stamp Duty.

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Thursday July 30, 2009 @02:56PM

  yes

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• Re: Stamp Duty Explained Posted By: Sandy Forsyth Date: Wednesday March 12, 2008 @02:36PM

  stamp duty is also applicable on leases exceeding €19046 (I think this is the amount) per annum at a rate of 1% plus €12.50. it would be good to ad this information also.

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Wednesday March 12, 2008 @02:38PM

  it's 19050
  Sandy Forsyth

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Wednesday March 12, 2008 @04:36PM

  A couple buying a house to get married
  One is a first time buyer.
  The other is not
  Is the FTB not liable for any Stamp Duty and what is the other party liable to pay

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• Re: Stamp Duty Explained Posted By: danielle_maguire@yahoo.ie Date: Tuesday June 3, 2008 @11:41PM

  I am a first time buyer why do I have to pay stamp duty on a derelict cottage and if i was to put a replacement home later on would I have to pay stamp duty on the build as well.

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• Re: Stamp Duty Explained Posted By: Sean Date: Thursday June 5, 2008 @08:33PM

  My question is this: I live in the US in a rented apartment. I have never owned a home or apartment before. I am planning to buy a house in Ireland. I could easily provide the statutory declaration that I am a first time buyer. Also, I would never rent out the house. HOWEVER, I would only stay there a few weeks a year, and would continue to live the rest of the year in my rented apartment in the US. Later, when I retire, I would move into the house.
  
  So I am not an investor, but neither would the house be my principal residence. Would I have to pay stamp duty?
  
  By the way, this is a very helpful article, and the comments and responses are very helpful too. Thanks.

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Thursday July 17, 2008 @11:17PM

  I believe your ppr (principal private residence) is an election i.e. if you have two houses you say you live in the one you want to be your ppr for whatever purpose (generally avoiding some sort of tax e.g. when selling if you sell your ppr no capital gains tax is payable whereas if you sell the one you have not chosen as your ppr you will pay cgt (capital gains tax).
  
  Therefore, to avoid the stamp duty, if I were you I would claim the Irish property as my ppr and not mention too much else unless asked.
  
  I don't think a rented place qualifies as a ppr. Please anybody correct me if I'm wrong - my knowledge comes from having been a secretary in a UK chartered accountants so best to get this confirmed!

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• Re: Stamp Duty Explained Posted By: Sean Date: Sunday February 8, 2009 @12:53AM

  Your principal place of residence is where you domicile, that is where you intend to reside. Since you intend to reside in the rented appartment in the U.S., that would be considered you principal place of residence. If I were you I whould just mention that you "intend to domicile" in the house in Ireland and leave it at that.

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• Re: Stamp Duty Explained Posted By: Sean Date: Sunday February 8, 2009 @01:08AM

  Your principal place of residence is where you domicile. For you that appears to be in an appartment in the U.S. If I were purchasing a home in Ireland I would say that I never owned a home in the U.S (this may be true even if you purchased a home here in the U.S. because some jurisdictions here follow "title theory" rather than "lien theory" which basically means that in title theory jurisdictions the bank holds title to the property not you-an important point i would say). However, I would not mention that I was going to use the home for retirement in the future because that may quailify as an investment type, rather i would just sign the declaration asserting that i never owned a home and further state that "I intend to domicile in my new home." You see it is what your intent is at the time of purchasing the home that is very inportant.

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• Re: Stamp Duty Explained Posted By: inga Date: Thursday June 26, 2008 @11:04PM

  if i bought my first house three years ago and i paid stamp duty can i get it refunded?

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Thursday July 10, 2008 @01:20PM

  I am not a first time buyer. I am buying a new house which I have been renting I was the first person to live in it. Do I have to pay the full 7% on the purchase price less the 125,000 exemption?

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Saturday July 19, 2008 @09:24PM

  My husband's family is giving us land in oreder to build our house. It is worth 35,000. Do we have to pay stamp duty? can we avoid paying stamp duty if we pay them for the land?

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• Re: Stamp Duty Explained Posted By: Heather Date: Sunday August 24, 2008 @09:48PM

  If you purchase a car parking space on its own without an apartment how does stamp duty operate? Is it classified as land?

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• Re: Stamp Duty Explained Posted By: Audrey Date: Friday January 23, 2009 @06:37PM

  I wonder if anyone could explain somthing for me?
  
  My mum transfered her house into my name befor she died.
  
  I have not yet signed the deed to transfer the house fully into my name
  
  do I have to register the house even though my mum transfered into my name befor she died or can I just apply for probate and sell property as executer. Hopfully elimination of paying stamp duty.
  
  Have a house already!

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• Car parking Space Posted By: Sean Date: Sunday February 8, 2009 @01:13AM

  Yes, all property is divided into two classifications 1) real property-that is land and just about anything that is attached to it like buildings. 2) the other is chattle or better known as personal property- your cloths, bicycle, furniture and so on. Thereefore, your parking space is land.

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Monday February 16, 2009 @12:25PM

  Hello,
  
  Is stamp duty to be paid on the purchase price of the house or the value of a house? e.g If a house was agreed to be bought for 300,000 yet the value was 400,000, what would you have to pay the stamp duty on?
  
  Thanks

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• Re: Stamp Duty Explained Posted By: Dee Date: Tuesday February 17, 2009 @04:26PM

  Hi,
  
  Stamp duty is calculated on the puchase price of the house.

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Thursday February 19, 2009 @10:54AM

  Thank you Dee.

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• Re: Stamp Duty Explained Posted By: Stephen M Date: Sunday March 29, 2009 @08:46PM

  Hi,
  
  3 years ago I purchased my first house (second-hand house) with my brother (who already had a house). We had to pay full stamp duty on this property as my brother wasn't a first time buyer. This house is rented out and shall be for the foreseeable future. (Neither I or my brother have ever lived in the house)
  
  I am now hopefully planning to buy a house on my own and live in it. Would I have to pay full stamp duty on this new (second) property or am I classed as a first time buyer?
  
  Thanks,
  
  Stephen

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• Re: Stamp Duty Explained Posted By: v Date: Wednesday April 15, 2009 @11:15AM

  when was stamp duty first introduced?

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• Re: Stamp Duty Explained Posted By: john Date: Thursday July 23, 2009 @01:04PM

  saving on stamp duty:
  can someone clarify the below for me. i have a house in my name we want to buy a 2nd house under my wifes name.
  As i c it she legally qualifies as a firt time buyer if the house is going to buy is our PPR, <125sqm and <~317,000.
  What if the house we want to buy is >125sqm but below the threshold is she still stamp duty free. (i'v heard that u pay either 4 or 9% on the house cost - 125,000)??
  Also a cheeky question perhaps but how will they know if its our PPR or we rent it out if we dont register
  can someone enlighten me
  Thanks
  J

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• Re: Stamp Duty Explained Posted By: Tatiana Date: Monday July 27, 2009 @12:04PM

  Hello!
  I and my boyfriend are buying a new house. We are both first-time-buyers. I know that FTB are exempt from Stamp duty, but
  What if the house we are interested in is more than 125 square metres? Do we have to pay Stamp Duty?

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Wednesday August 5, 2009 @09:16PM

  Hi
  
  as you're a first time buyer you're totally exempt from stamp duty, size doesnt matter

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• Re: Stamp Duty Explained Posted By: Confused in Northern Ireland Date: Monday August 17, 2009 @09:50PM

  If I have owned a property in the past in Northern Ireland can I still be considered as a first time buyer in the Republic of Ireland ?

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Tuesday October 13, 2009 @05:45PM

  no stamp duty rules apply for properties all over the world

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• Re: Stamp Duty Explained Posted By: Anonymous Poster Date: Tuesday August 18, 2009 @10:16PM

  Can anyone clarify the following:
  My brother and I were left a house by an uncle. I want to 'buy out' my brother and use the house as my principle residence ( I have a house already which I plan to sell). The house is valued at €360k; I will pay him €180 for his share. Question is, how much stamp duty will I have to pay - will it be calculated on the value of the property or the amount of money that I pay him for his share?
  Thanks

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• Stamp Duty paid in 02/09. Do i still have to pay this new property tax?? Posted By: Conor Date: Tuesday September 8, 2009 @11:07PM

  I purchased a 4 bed house in February 2009. I had already used my first times buyers on an apartment with my sister in 01/09. My sister has since bought me out. In February 2009 i paid 19,200 euro's stamp duty. Will i have to pay this new property tax or am i exempt? If i'm not exempt am i entitled to any money back from revenue. I know a few other couples in this position. Any info would be great?

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• Re: Stamp Duty Explained Posted By: Doreen Hendley Date: Thursday October 8, 2009 @04:06PM

  hi
  
  I was curious if you could help me. As an Owner Occupier by husband and myself are looking at buying a site for about €125k and buildind a house for about €200k, what amount of stamp duty should we expect to pay?
  
  thanks for your help

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• Re: Stamp Duty Explained Posted By: hob Date: Saturday October 10, 2009 @07:28PM

  Anyone any idea what the stamp duty rate is likely to be for a €400,000 house for an investor?

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• Re: Stamp Duty Explained Posted By: sharon Date: Monday October 12, 2009 @11:16PM

  i am not a first time buyer. i want to buy a newly built house which is currently being rented out by property owner to tennants. my bank thinks i should not have to pay stamp duty cos price of site house is built on is less than 125000. can anyone tell if this is true as auctioneer is unsure at moment

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