Home Buyers Guide

Chapter 9: Tax & Tax Relief

Property Investors
There are four types of property taxes for property investors – Stamp Duty, Tax on rental income, Capital Gains Tax, and Second Property Charge.

Stamp Duty:

Property Investors pay Stamp Duty at the same rates as owner occupiers.

Stamp Duty Rates on Second Hand Property:

Stamp Duty is calculated on a scaled basis. No Stamp Duty is charged on the first €125,000, 7% is charged from
€125,000 to €1,000,000 and 9% will be paid on the balance.

So for example, on a €700,000 property:

No stamp on the first €125,000. 7% on the balance of €575,000. Total cost = €40,250

On New Properties larger than 125 sq. metres a reduced rate is charged for owner occupiers:

The stamp duty is payable on the greater of:

• the site cost or 25% of the total cost (site cost + building costs)


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