Stamp duty for the purchase of land & sites is based solely on the price and there are no reductions for first-time-buyers or owner-occupiers.
It is calculated as follows:
Price of Property: |
Stamp Duty Rate |
Up to €10,000 |
0% |
€10,001 - €20,000 |
1% |
€20,001 - €30,000 |
2% |
€30,001 - €40,000 |
3% |
€40,001 - €70,000 |
4% |
€70,001 - €80,000 |
5% |
Over €80,000 |
6% |
T.E.Potterton Real Estate Alliance is one of the longest established and most respected firms in the Midlands, having been founded in 1886. The firm is renowned...
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Redemption Figure
In terms of property this is the capital amount outstanding that has to be paid back to a financial institution in order to clear an outstanding mortgage.
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