Written answers
Tuesday, 23 May 2006
Department of Finance
Tax Code
9:00 pm
Ivor Callely (Dublin North Central, Fianna Fail)
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Question 254: To ask the Minister for Finance if consideration is being given to raising the stamp duty threshold for first-time buyers in view of spiralling housing prices in Dublin. [19146/06]
Brian Cowen (Laois-Offaly, Fianna Fail)
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As the Deputy will be aware, the 2005 Budget introduced a stamp duty relieving measure for first-time house purchasers who are owner-occupiers of second-hand houses by increasing the stamp duty exemption threshold for such purchasers from €190,500 to €317,500 and by having reduced rates for house values up to €635,000. Any further changes to the stamp duty regime are a matter for the Budget.
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