Is Stamp Duty on new houses payable on the ex-VAT price?

[LDFerguson]

Title sums it up really.

This suggests that it might be.

http://www.revenue.ie/en/tax/stamp-duty/property.html

VAT and stamp duty
Stamp duty is assessed on the VAT exclusive consideration, Sections 48 and 56 of the Stamp Duties Consolidation Act 1999 provide that the chargeable consideration for stamp duty purposes is to exclude any VAT chargeable under Section 2 of the VAT Act 1972 on the sale or lease.
Where VAT is included in the consideration, it should be deducted before calculating the charge or rate of stamp duty.

Any insights or experience of this?

 

[Spear]

Excuse my ignorance, but are new houses not exempt from stamp duty?

 

[mf1]

There is a general principle that tax is not paid on tax. So, the stamp duty on a new house is assessed on the ex-VAT price.

And many stamp duty exemptions have been abolished so there is stamp duty now payable on a new house.

mf

 

[Dermot]

Stamp duty is paid on the vat exclusive price. Vat is payable on all new houses