Stamp Duty

Residential

From Budget 2011, there is a flat rate of 1% on all residential property transactions up to a value of €1million with 2% applying to amounts above €1 million.

All existing Reliefs and Exemptions (as below) for Stamp Duty are abolished. That means 1% will be paid on all residential property sales, new or old.

Abolished Reliefs and Exemptions:
  • First time buyers relief
  • Exemption for new houses under 125 sq m in size
  • Relief on new houses over 125 sq m in size
  • Consanguinity relief for residential property transfers
  • Exemption for residential property transfers valued under €127,000
  • Site to child relief.

Commercial

Land/Commercial Buildings/Goodwill

Consideration
Up to € 10,000
€10,001 - €20,000
€20,001 - €30,000
€30,001 - €40,000
€40,001 - €70,000
€70,001 - €80,000
Over €80,000

Exempt
1%
2%
3%
4%
5%
6%
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