Jimmy Bond
Registered User
- Messages
- 31
What is the stamp duty that I should have expected to pay on €110K residential and €165K non-residential property that was transferred from my parents directly to me? The transaction at the time (2004) was calculated as follows:
Residential Property @ €110K valuation : No Stamp Duty
Non-residential property (land) @ €165K : 8% stamp duty @ 50% rate. I paid approx €6,600 to the Revenue Commisioners. Is this correct?
Note: The total valuation of property that has been transferred from my partents to me was €275K.
Residential Property @ €110K valuation : No Stamp Duty
Non-residential property (land) @ €165K : 8% stamp duty @ 50% rate. I paid approx €6,600 to the Revenue Commisioners. Is this correct?
Note: The total valuation of property that has been transferred from my partents to me was €275K.