Written answers
Tuesday, 28 July 2026
Department of Finance
Tax Yield
Pearse Doherty (Donegal, Sinn Fein)
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684. To ask the Minister for Finance the estimated revenue raised in first-and full-year terms in 2027 from increasing the rate of residential stamp duty from 1 to 2% for residential property of values above €700,000. [55294/26]
Pearse Doherty (Donegal, Sinn Fein)
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685. To ask the Minister for Finance the revenue raised in first-and full-year terms in 2027 from increasing the rate of residential stamp duty from 2% to 6% on residential property valued at €1million to €1.5 million. [55295/26]
Pearse Doherty (Donegal, Sinn Fein)
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686. To ask the Minister for Finance the details of the revenue that would be raised by increasing commercial stamp duty to 12.5%. [55296/26]
George Lawlor (Wexford, Labour)
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694. To ask the Minister for Finance the estimated yield if the stamp duty on the sale of residential properties on the portion where the value of the houses is between €1 million and €1.5 million increased to 4% and stamp duty on the portion of the value of houses valued at over €1.5 million increased to 8.5% based on 2025 figures; and if he will make a statement on the matter. [55349/26]
Simon Harris (Wicklow, Fine Gael)
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I propose to take Questions Nos. 684 to 686, inclusive, and 694 together.
I am informed by Revenue that the estimated yield that would be generated by a range of potential changes to the rate of stamp duty chargeable on transfers of residential and non-residential property are shown on pages 17 and 18 of Revenue’s "Ready Reckoner – Post Budget 2026" publication available on the Revenue website at: www.revenue.ie/en/corporate/information-about-revenue/statistics/ready-reckoner/index.aspx.
While all the exact changes outlined in these questions are not included in the document, the changes can be estimated on a straight-line mathematical basis.
It should be noted that making significant changes to rates can have a behavioural impact that is not reflected in the Ready Reckoner.
The Deputies will wish to note that an update of the Ready Reckoner, to a pre-Budget 2027 basis, is due to issue in the coming weeks.
Finally, as Deputies will be aware, it is a long-standing practice of the Minister for Finance not to comment, in advance of the Budget, on any tax matters that might be the subject of Budget decisions.
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