Tenants paying more than €2,500 monthly face 1% stamp duty bill

Thousands of tenants in Dublin face an unwelcome extra bill this year as spiralling rents tip them above the €2,500-a-month level at which a little-known 1 per cent stamp duty applies.

Some 55 per cent of three-bedroom Dublin city family homes currently up for rent through online property firm Daft.ie are quoting above the threshold, according to an analysis by Goodbody Stockbrokers. A third of apartments in the capital are in the same territory.

Read the full details in the Irish Times

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