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Featured Property
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Fern Court Crescent, Firhouse, Dublin 24
Semi-Detached House
Asking Price: €230,000
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View Property
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Buying • Stamp Duty Calculator
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What is stamp duty?
Stamp duty is a tax that you pay to the government when changing documents on a property. These documents specify ownership of the property. When planning to buy property you should factor this extra cost into your calculations both of the purchase price of the property and the amount you will need to borrow.
What rate of stamp duty do I need to pay?
As of December 8th 2010, Stamp Duty on residential property has been fundamentally reformed and simplified. It has been reduced to a flat rate of 1% on properties values up to €1 million and 2% on any amounts over €1 million. There will no longer be a distinction between new versus second hand properties or first time and non-first time buyers. There are no changes to the commercial property stamp duty position, which is largely at a rate of 6%. Stamp duty on land remains unchanged.
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