Written answers

Wednesday, 17 September 2014

Department of Finance

Stamp Duty Arrears Issues

Photo of John BrowneJohn Browne (Wexford, Fianna Fail)
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325. To ask the Minister for Finance if he will expedite the facilitation of a stamp duty arrears resolution (details supplied) in County Wexford; and if he will make a statement on the matter. [34734/14]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that a deed was executed in the case in question on 7thApril 2011, and presented to Revenue electronically, on 27thJuly 2011.  The initial duty calculated in the case was €21,000, but a relief was also claimed.

On the 16 August 2012, Revenue was informed by the solicitor representing the person in question that the transaction was not proceeding on the basis that the original transfer was conditional upon the transferee qualifying for Young Trained Farmer Relief. The initial Deed of Transfer as signed by the parties did not have this condition attached, and Revenue replied to the solicitor on 5 September 2012 seeking further clarification of the issue. To date no reply has been received by Revenue from the solicitor. Pending a reply, the person concerned remains liable for the Stamp Duty and may also be liable for interest and penalties.

The Revenue Commissioners have further advised that it is important that the person concerned makes contact with the National Stamp Duty Office, Ms Katherine Bourke, Dublin Castle (Tel: 01. 8589319 or email: ) who will assist him further in the matter.

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