Stamp Duty - 7 year rule???

Just a quick question as to whether i would have to pay stamp duty. I bought a new house from plans a few years ago and then sold it without living it as I splilt from partner so we just sold the house. So I am assuming that i would have to pay stamp duty but i heard from someone recently that said i may not have to pay stamp duty if i bought another house within 7 years. Does anyone know if this is the case? Thanks

Hi moneymoneyp - I don't think there is any 7-year rule re stamp duty and it appears you would not be considered a First Time Buyer as regards stamp duty as you have previously owned a house. However you would not have to pay stamp duty on a new house/apartment under the 125sq.m. floor area if buying as owner-occupier, and for new houses with floor area in excess of 125 sq.m. there is relief that would leave either no stamp duty or very little payable unless house very expensive - again of course if you are buying as owner-occupier.

If buying second hand house then no duty if not in excess of €127,000, over that amount then first €125,000 would be exempt and amount in excess of this up to €1,000,000 charged at 7%, and balance in excess of €1,000,000 charged at 9%

Here's a link to a Stamp Duty Calc

[broken link removed]


To be honest, the whole 7yr thing sounds like TRS to me. This is the Tax Relief you get on paying your mortgage. That runs for 7yrs from buying your 1st home (I think).