Hi,
Can you help me out please.
Bought an investment property for €245,000.
My stamp duty calculations on this were as follows:
245,000 - 13.5% VAT = 211,925
==> Stamp Duty = 211,925 x 4% = €8,477
Since the budget, my new calculations are as follows:
245,000 - 13.5% VAT = 211,925
211,925 - 125,000 = 86,925
Stamp Duty = 86,925 x 7% = €6084.75
Does this look correct, or am I completely wrong?
Thanks
Can you help me out please.
Bought an investment property for €245,000.
My stamp duty calculations on this were as follows:
245,000 - 13.5% VAT = 211,925
==> Stamp Duty = 211,925 x 4% = €8,477
Since the budget, my new calculations are as follows:
245,000 - 13.5% VAT = 211,925
211,925 - 125,000 = 86,925
Stamp Duty = 86,925 x 7% = €6084.75
Does this look correct, or am I completely wrong?
Thanks