Stamp Duty Payable on Residential Property
Who is exempt from Stamp Duty?
- If the purchase price is not greater than €127,000, then there is no stamp duty to be paid.
- Stamp Duty is payable on properties in excess of €127,000 by all purchasers except first time buyers or perhaps owner/occupiers of certain properties.
Table for Stamp Duty on residential property
| Consideration or aggregate consideration | Exempt |
|---|---|
| Does not exceed €127,000 | Exempt |
| First €125,000 | Nil |
| Next €875,000 | 7% |
| Excess over €1,000,000 | 9% |
Seeking Property Law Advice:
For further information, please contact Malcomson Law by calling 01 8744422 or by filling out an Online Enquiry Form.