Dáil Éireann Debate, Thursday - 25 June 2026
55. Deputy Pearse Doherty asked the Tánaiste and Minister for Finance the total number of homes and total value of homes that have been bulk purchased in 2025 and to date in 2026, and subject to the higher rate of stamp duty, since the higher rate was introduced. [48248/26]
Amharc ar fhreagraI am advised by Revenue that the number and value of properties subject to the higher rate of stamp duty in 2025 and since the higher rate was introduced is provided in the table below. Data for 2026 are not yet available for statistical analysis.
Stamp duty is due on the VAT exclusive consideration in the case of newly built properties. However, VAT is included in the case of newly built properties contained in the total value figures below, to reflect the total price paid.
The higher rate is currently set at 15% of the consideration. This rate came into effect on 2 October 2024. From 20 May 2021 to 1 October 2024, it was 10%. The data in the table are provisional and may change as additional returns are filed or amended.
|
Year |
Number of Residential Properties |
Total Value of Residential Properties purchased (€m) |
|
2021 |
189 |
47.9 |
|
2022 |
454 |
177.5 |
|
2023 |
675 |
266.1 |
|
2024 |
396 |
156.0 |
|
2025 |
293 |
88.3 |
