Pearse Doherty
Question:236. Deputy Pearse Doherty asked the Tánaiste and Minister for Finance the estimated first and full year cost of removing stamp duty for first-time buyers on properties below the value of €500,000. [47020/26]
View answerTuesday, 23 June 2026
Questions (236)
Written answers
I am advised by Revenue that based on stamp duty returns for 2025, the latest year available, the estimated cost of abolishing stamp duty for first-time buyers of properties below the value of €500,000 in a full year is €61.2 million.
This estimate is arrived at by firstly taking the stamp duty returns for residential property purchases less than the suggested €500,000 threshold made by persons identifying themselves as first-time buyers, then subsequently taking the associated tax liability as the potential cost of exempting them from the duty.