Stamp duty is a tax levied on instruments, that is on written documents. In order for a charge to arise the instrument must fall within the charging provisions. The main heads of charge are:
- Conveyance or transfer on sale,
- Mortgage, bond, debenture, covenant and warrant of attorney to confess and enter up judgment, and
- Bond, covenant or instrument of any kind whatsoever.
There are several reliefs from Stamp Duty including:
- Subsale Relief
- Transfer of a site to a child
- Transfers between spouses
- Transfers made by will or other testamentary disposition.
- Consanguinity Relief
- Associated Company Relief
- Company Reorganisations
- Transfers to Young Farmers
How We Can Help
Our team of tax advisors are trained to advise on all Irish tax heads. We can advise you on all the tax consequences of your transactions.