Darth Vader
Registered User
- Messages
- 145
I don't know the details and am going on some information that was posted in the past here on AAM. Could be completely wrong but there was mention of the possibility of Revenue certifying a previously owned but never lived in property as a new property when sold on - with potential tax implications for the seller though.Darth Vader said:I've never heard of a certificate of non-occupancy before. Is this new?
niamhjones said:Well if anybody knows some smallprint way around it, PLEASE let me know
before I fork out Eur10k to the goverment who are bleeding first time buyers dry!!!!!
If you don't like the idea of paying this tax then why not shop around until you find a tax exempt (e.g. new property under 125sqm or second hand property under €317,500) property that suits your needs?niamhjones said:before I fork out Eur10k to the goverment who are bleeding first time buyers dry!!!!!
I'd be happy with the purchase price, but to have to pay eur10k stamp duty for absolutely no benefit to me is a scandal!!!
niamhjones said:I'd be happy with the purchase price, but to have to pay eur10k stamp duty for absolutely no benefit to me is a scandal!!!
From the details you've given it sounds like the person you are buying from is "flipping" the house. If that's what's happening here then they are the ones bleeding the FTB dry by imposing the double whammy of their comission on the original price plus adding a stamp duty to what is now a second-hand house.niamhjones said:Well if anybody knows some smallprint way around it, PLEASE let me know
before I fork out Eur10k to the goverment who are bleeding first time buyers dry!!!!!
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