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Stamp duty in Ireland is a tax calculated on the value of the property and whether you are a first-time buyer or owner-occupier/investor.
New properties with a total area less than 125m2 are exempt from stamp duty, provided they are bought by a first time buyer or owner occupier. Such properties much have a Floor Area Compliance certificate.
The current rates of stamp duty are:
| Property Cost |
First Time Buyers |
Other Buyers |
| Less than €127,000 |
Exempt |
Exempt |
| €127,001 - €190,500 |
Exempt |
3% |
| €190,501 - €254,000 |
Exempt |
4% |
| €254,001 - €317,500 |
Exempt |
5% |
| €317,501 - €381,000 |
3% |
6% |
| €381,001 - €635,000 |
6% |
7.5% |
| Over €635,000 |
9% |
9% |
For example, if you are trading up your home and you purchase a property for €250,000, your stamp duty liability will be €10,000 i.e. €250,000 x 4%. A first time buyer purchasing the same property will not have to pay any stamp duty.
Stamp duty is also payable on sites, and on the transfer of property within families. Your solicitor will advise you on the stamp duty liability relating to the property you intend to purchase.
A very detailed explanation of stamp duty rates and scenarios is available on the Citizen's Information website.
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