Stamp Duty.

     The legislation from the last budget of Charlie McCreevy has cut substantially the stamp duty on housing and development. Briefly, the new rates are outlined in tabular form below. As always, thought we make every effort to ensure the accuracy of the data, we take no resonsiblity should there be any error or ommission in this data.
** Rates as per 2005 Budget **

Range
First Time Buyers Other owner occupiers ** Investors
New / 2nd Hand
Properties
       
Up to €127,000
Nil
Nil
Nil
€127,001- €190,500
Nil
3%
3%
€190,501- €254,000
Nil
4%
4%
€254,001 -€317,500
Nil
5%
5%
€317,501 - €381,000
3%
6.%
6%
€381,001 - €635,000
6%
7.5%
7.5%
Over €635,000
9%
9%
9%

     ** No stamp duty is payable by an owner-occupier on the purchase of a new house up to 125 square metres; in the case of a new house bought by an owner-occupier above this size, the stamp duty is charged only on the site value or one-quarter of the total value of the site and the house, whichever is the greater.

 
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