Hi,
I bought a house in ROI in Jan 2004 as a PPP with a friend. We paid stamp duty on the house at the time at the PPP rate. The house fell within the threshold of Eur317,500 to Eur381,000 thus we ended up paying stamp duty at 3% (this was the PPP rate at the time).
In March 2005, I have moved to NI thus the house in ROI is no longer my PPP and is rented out.
I'm aware that I have to pay the stamp duty rate at the investor rate. However, at what rate do I pay this? The investor rate is 6% -as I am no longer the PPP, do I pay stamp duty on the difference (i.e. 3%) which is divided between two (my friend and myself).