Stamp Duty will now not apply on the first €125,000 of the cost of a house. 

A rate of 7% will apply between €125,000 and €1,000,000.

9% will apply on the excess amount over €1million.

This will result in reduced stamp duty rates at all levels of house purchase.

The current exemption for first time buyers will remain & owner occupiers buying new property will still be exempt on properties under 125 sq metres.