Transfer

A transfer of land or buildings is charged as follows:

(a) non-residential property, at 2%,

(b) residential property, at

(i) 1% on the first €1,000,000 of consideration, and at

(ii) 2% on the remainder.

A transfer for less than full value (for example, a gift) is charged on the market value (s 30).

Lease

Stamp duty is charged on both the rent and the premium.

Premium: Stamp duty is charged at the same rate as a transfer.

Rent: If the lease is for a term which is indefinite, or for less than 35 years, the rate is 1% of the average annual rent. But if the lease relates to a house or apartment, and the annual rent is less than €30,000, the lease is exempt.

If the lease is for a term between 35 and 100 years, the rate is 6% of the average annual rent.

If the lease is for a term exceeding 100 years, the rate is 12% of the average annual rent (Schedule 1).

Transfers of marketable shares or securities

Stamp duty is charged at 1% of the price paid for the shares. This rate also applies to electronic share trading transactions within the CREST system (Schedule 1).

A transfer for less than full value (for example, a gift of shares) is charged at market value (s 30).

Fixed duty

Fixed duty is charged (Schedule 1) at €12.50 on the following documents:

Appointment of new trustee

Collateral security

Declaration of trust

Duplicate or counterpart

Transfer where no beneficial interest passes

It is charged at €0.50 on cheques.