stamp duty on residential investment property

[Brendan Burgess]

Is this information on [broken link removed]correct?

Owner occupiers and investors pay the same rates?

Owner occupiers and Investors pay stamp duty at the following rates:

Property Value|Rate
Up to €125,000 |Exempt
Next €875k|7%

And stamp duty on Land & Sites is much more expensive

rice of Property: Stamp Duty Rate Up to €10,000 0% €10,001 - €20,000 1% €20,001 - €30,000 2% €30,001 - €40,000 3% €40,001 - €70,000 4% €70,001 - €80,000 5% €80,001 - €100,000 6% €100,001 - €120,000 7% €120,001 - €150,000 8% over €150,000 9%

So someone buying a site for €125k would pay €8,400 for a site, but nothing for a house.

 

[Vanilla]

First part is correct- anyone other than a FTB now treated the same on residential property.

Non-residential rates above are out of date- the rates are:

Up to €10,000Exempt
€10,001 to €20,000-1%
€20,001 to €30,000-2%
€30,001 to €40,000-3%
€40,001 to €70,000-4%
€70,001 to €80,000-5%
Over €80,000-6%


Unless the purchase of a site is linked to a building agreement it is considered non-residential.