 |
| STAMP DUTY |
| (Current Rates - August 2007) |
|
|
|
|
SECOND HAND PROPERTIES |
|
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% |
|
|
|
Example –
if the purchase price of the property is €350,000, stamp duty
is based on €225,000 (€350,000 - €125,000) @ 7%, which equates to
€15,750.. |
|
|
|
|
NEW HOMES |
|
|
First-time buyers
do not have to pay
any stamp duty on new homes.
Owner occupiers
and Investors
pay stamp duty at the following
rates:
- 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
|
|
Property Value |
Rate |
|
|
Up to €125,000 |
Exempt |
|
|
Next €875,000 |
7% |
|
|
Balance |
9% |
|
|
|
SITES &
LAND |
|
|
| |
Price of
Property |
Stamp Duty Rate |
|
| |
€0 - €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% |
| |
€150,001 + |
9% |
| |
|
|
|
|
|
