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Why do we pay tax at all so?
*Residential Property - Rates of Stamp Duty
Aggregate Consideration | First Time Buyer Rate |Full Rate
Less than €127,000 |Exempt |Exempt
€127,001 - €190,500 |Exempt |3%
€190,501 - €254,000 |3% |4%
€254,001 - €317,500 |3.75% |5%
€317,501 - €381,000 |4.5% |6%
€381,001 - €635,000 |7.5% |7.5%
Over €635,000 |9% |9%
If you were buying it to live in, the stamp duty on a new €675k house over 125 sq. mtr. would be more like €4,500.00. If you are a first time buyer and owner occupier, there would in fact be no stamp duty.
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