Stamp duty when renting within 5 years

  • Thread starter overandback
  • Start date
O

overandback

Guest
Hi,
Me and my partner bought a house 2 years ago for 290000, we were first time buyers and it was below the stamp duty threshold. However, we are leaving the country for a year and a half and want to rent out the house. Would we have to pay stamp duty. Thanks.
 
As far as I know the clawback on this property would be €290K @ 5% = €14.5K and you would presumably be liable for this on renting the property out within 5 years of purchase.
 
Sorry - my calculation was just rough and I forgot to add the usual rider "get independent professional advice".
 
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