S
siouxsie
Guest
I bought a house for €209,000 in 2003 as a first time buyer owner occupier so paid no stamp duty. At the time I had every intention of living in it for 5 years, but my circumstances changed and I moved out in March 2005 and started renting it out. I wasn't aware at the time of the stamp duty clawback and have only recently discovered that I am liable.
Is stamp duty liable on the full amount using current stamp duty rates, or rates at the time of purchase. As I've only found out I am liable if I contact the revenue to pay stamp duty do I also have to pay interest, and how much is the interest?
Is stamp duty liable on the full amount using current stamp duty rates, or rates at the time of purchase. As I've only found out I am liable if I contact the revenue to pay stamp duty do I also have to pay interest, and how much is the interest?