Pearse Doherty
Ceist:86. Deputy Pearse Doherty asked the Minister for Finance the estimated cost of removing stamp duty for first-time buyers. [31079/25]
Amharc ar fhreagraDáil Éireann Debate, Wednesday - 11 June 2025
86. Deputy Pearse Doherty asked the Minister for Finance the estimated cost of removing stamp duty for first-time buyers. [31079/25]
Amharc ar fhreagraI am advised by Revenue that, based on stamp duty returns for 2024, the latest year for which fully analysed data are available, the estimated cost of abolishing stamp duty for first-time buyers is in the order of €60 million.
This estimate is arrived at by taking the stamp duty returns for residential property purchases made by persons identifying themselves as first-time buyers, and taking the associated stamp duty liability as the potential cost of exempting them from the duty.