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New Stamp Duty Rates 2007/08
New Homes
1. First Time Buyers - EXEMPT
2. Owner/Occupiers -
(A) Floor Area LESS than 125 sq m. - EXEMPT
(B) Floor Area GREATER than 125 sq m.
If site cost or 1/4 of the total purchase price is less than €127,000 then it is exempt
If the site cost or 1/4 of the total purchase price is GREATER than €127,000 then the following applies:-
First €125,000 - EXEMPT
Next €825,000 - 7%
Balance - 9%
3. Investors
First €125,000 - Exempt
Next €875,000 - 7%
Balance - 9%
Second Hand Homes
1. First €125,000 - Exempt
2. Owners/Occupiers and Investors -
First €125,000 - Exempt
Next €875,000 - 7%
Balance - 9%
Land / Sites
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%
Note 1
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.
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