• Home
• Basic Tax Info
• Individual Circumstances
• Tax Snippets
• Contact us

Stamp Duty

Stamp Duty is a tax on certain transactions.

The principal transactions attracting  Stamp Duty are

1. Stocks or Marketable Securities - 1% of cost.
2. Property - from 0% up to 9% of value, depending on cost.
3. Leases - 1%, 6% or 12% of annual average rent depending on length of lease

Residential Property carries the following Stamp Duty Rates
The first €125,000 in any transaction is exempt
The amount over €125,00 is taxed at 7%
Further amounts €1 million are taxed at 9%
Exemptions from Stamp Duty

The principal exemptions include:

1. Transactions between related parties - 50% exemption.
2. Transactions on foot of divorce settlement - 100% exemptions.
3. Transfers of land to young farmers
4. First Time house buyers (owner occupiers)
5. Transfer of a site to a child for their principal private residence (market value cannot exceed €500,000)

Disclaimer
The information on this website is for general guidance only.It is essential to take professional advice on specific issues about their impact on any individual or entity.No liability can be accepted for any errors or omissions or for any person acting or refraining from acting on the information provided on this site.