Date that Stamp Duty is applied?

T

tosullivan

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I signed contracts on an investment property about a year ago and I am now due sign final contracts.

Does anyone know which date the Stamp Duty charge is applicable to?

The initial dateof preliminary contract signing or the closing date?

There is about €2430 less of a payment if I can avail of the new rates....
 
I'm pretty sure that it's on signing the closing/final contracts.

Did investor SD change? I thought the changes were just for owner occupiers?
 
ClubMan said:
I'm pretty sure that it's on signing the closing/final contracts.

Did investor SD change? I thought the changes were just for owner occupiers?
Click to expand...

Not according to what I've read here....

4. What type of home are you buying – how much Stamp Duty applies to you?

New Homes

First-time buyers do not have to pay any stamp duty on new homes.

For Owner occupiers the following rules apply:
- On a property where the floor area is less than 125 sq. metres - No stamp duty
- On a property where the floor area is greater than 125 sq. metres, stamp duty is payable at the following rates:

Property ValueRate
Up to €125,000 Exempt
Next €875,000 7%
Balance 9%
Investors also pay stamp duty on new homes according to the above table


[broken link removed]


It appears also from what I have found the new rates apply from 30 days prior to 5th Dec 07......PLEASE PLEASE LET THIS BE TRUE
 
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