Stamp duty

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I'm considering buying a second property as a holiday home. Assuming I have no mortgage on this property, how does Revenue determine if I'm an owner occupier or an investor for stamp duty purposes?
 
Your solicitor will be obliged to ensure that you pay the appropriate level of stamp duty for the purchase.
 
You PPR is a matter for you to decide and inform revenue of the case

If you intend that this property will be your PPR then it will be

This will have the effec that your current PPR will obviously not and the implications thereon if you decide to sell it

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stuart said:
You PPR is a matter for you to decide and inform revenue of the case
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Not really. Your PPR is whatever it is and if there is any doubt Revenue will make their own determination on the matter. In most cases it's obvious which property is an individual's PPR and there is no scope for selecting one over another. There is no process for declaring a property one's PPR other than simply living there as a matter of course.

If you intend that this property will be your PPR then it will be
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Only if they live in it as their normal place of residence.
 
There is no process for declaring a property one's PPR other than simply living there as a matter of course
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TCA 97 s604, paragraph

(8) For the purposes of this section, an individual shall not be treated as having more than one main residence at any one time and in so far as it is necessary to determine which of 2 or more residences is an individual’s main residence for any period—
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a) that question may be determined by agreement between the inspector and the individual on the latter giving notice in writing to the inspector by the end of the year 1975-76 or within 2 years from the beginning of that period if that is later, and.....​
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It can be declared and decided upon

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If you intend to purchase a Holiday Home, then it is just that.....a holiday home.... and not your Private Principal Residence. I believe you must sign a declaration stating it is the family home or not, as the case may be.
 
The definition I used above is in relation to IT/CGT for you PPR

I would not know where to start looking through the Stamp Duties Consolidation Acts 1999

I do not specialise in stamp duty, as I do not work in that area, I leave it to the solicitors as they really know it inside out (good ones that is)

As always get professional advice from someone you are paying to give it

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stuart said:
TCA 97 s604, paragraph

(8) For the purposes of this section, an individual shall not be treated as having more than one main residence at any one time and in so far as it is necessary to determine which of 2 or more residences is an individual’s main residence for any period—
(a) that question may be determined by agreement between the inspector and the individual on the latter giving notice in writing to the inspector by the end of the year 1975-76 or within 2 years from the beginning of that period if that is later, and.....​
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The attached quote refers to an individual!

Does this mean a married couple could each have a PPR?
 
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Fact: Two single people can each own a separate PPR.

If a married couple, both own a property in their own name and each live in their PPR 4 days+ a week, surely they must qualify as PPR's otherwise this is discrimination?
 
Discrimination is not unusual in the tax system. Just look at how married taxation (especially with both spouses working) can benefit married couples compared to cohabiting couples.

As far as I'm aware a married couple can only have a single joint PPR regardless of the (arguably unlikely) scenario that you outline above. Note that two single people who cohabit can only have a single PPR between them too.
 
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