stamp duty query

[poolfanabc]

Hi,

Does anyone know how to accurately work out stamp duty requirement for following example, as I'm unclear how it works for allowances built into new house builds.

House purchase price is €400k. Site value of €50k, so €350k house build.
€350k includes the 13.5% VAT, so ex VAT price is €308375

All houses in estate include kitchen allowance of 10k. Extra €5k allowance negotiated with builder for floors

Stamp duty is payable at 1% - anyone know if this is it payable on

• €308375 (no allowances removed)?
• €298375 (only 10k allowance removed)?
• €293375 (both 5k and 10k allowances removed)?
• €303375 (only 5k allowance removed)?

 

[mf1]

Am I right in thinking that the difference, in stamp duty, amounts to €50?

I think I would not spend too much time worrying about it!

mf

 

[poolfanabc]

Am I right in thinking that the difference, in stamp duty, amounts to €50?

I think I would not spend too much time worrying about it!

mf

up to €150 in example I provided. Figures were not actual sale prices (so could be more)... and even if €50, better in my pocket.