P
pinky
Guest
I am looking for some advice on stamp duty clawback. I was reading an question in the 'your money' section of the Irish Independent today which caused me concern. I bought an apartment in November 2001 and moved in as an owner occupier and as it was a new build I paid no stamp duty on the purchace price which was £151950 at the time. However due to unforseen events a few months later I had to relocate down the country and I rented the apartment out from February 2002. It remains rented out and I rented a private house down the country for the next 2 1/2 years. I have now bought a home and paid the relevant stamp duty but I continue to rent out the apartment in Dublin. I now realise that there will be a clawback of this stamp duty but I am unsure how to calculate it. I think the stamp duty for an investor in Nov 2001 was 9% and I am now very concerned that I may owe this amount plus the interest of .032% per day, which I estimate to be a total of around E20,000 in total. I would appreciate if somebody could clafify my position.