Stamp Duty in Ireland

STAMP DUTY RATES FOR RESIDENTIAL PROPERTY SOLD IN THE REPUBLIC OF IRELAND.

The first €125,000 is exempt;

The excess over €125,000 and up to €1,000,000 is charged at 7%;

The excess over €1,000,000 is charged at 9%.

These rates apply to all contracts executed on or after 5 December 2007 and to documents due to be presented for stamping no later than 5 December 2007.
First-time owner occupiers continue to be exempt from stamp duty.

Stamp Duty rates for commercial property sold in the Republic of Ireland:

Stamp Duty is charged at 6%  

OWNER OCCUPIER RELIEF

The period for which an owner-occupier must occupy a new home, on which he/she has been exempted from stamp duty as a first time buyer, before they can let the property has been reduced from 5 years to 2 years.

TRANSFER OF SITE TO SON OR DAUGHTER

The exempt threshold for the transfer of a site to a son or daughter on or after 5 December 2007 has been raised from €254,000 to €500,000 for stamp duty and CGT purposes.