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Stamp Duty

Stamp Duty Rates

Residential Property

Property Value Rate
Up to €1,000,000 1%
Balance 2%

Non-residential property

Since 7 December 2011 there is a single rate of 2% on all non-residential property and the first €10,000 in no longer exempt from stamp duty.

Aggregation

Aggregation applies in determining the stamp duty liability where a transaction forms part of a larger transaction or a series of transactions involving residential property. The stamp duty is calculated on the basis of the aggregate consideration. The duty is then apportioned between the separate properties that are transferred by separate instruments and the apportionment is pro rata to the consideration from each property. 

Mixed property

Where a transaction relates to a mixed property, the consideration must be apportioned between the residential and non-residential elements.

Purchase of a site

Where an individual purchases a site with no connected agreement to build a house or apartment, the transfer of the site is chargeable at the appropriate rate for non-residential property.

Where an individual purchases a site in connection with, or as part of an agreement to build a house or apartment on that site then stamp duty will be charged on the aggregate amount of the site cost and the building cost at the appropriate residential property rate.

Stamp Duty in Ireland

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