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Mcgrath Mullan Solicitors Dublin

Residential Development Stamp Duty Refund Scheme

The Residential Development Stamp Duty Refund Scheme was introduced under the Finance Act 2017 and provides for the refund of a portion of stamp duty paid on the acquisition of non-residential land, where that land is subsequently developed for residential purposes. This effectively brings the stamp duty rate down to a minimum of 2%.

To be eligible for a refund under the scheme;

1. You must file a stamp duty return and pay stamp duty at the non-residential rate on the transfer (either 6% or 7.5% depending on the date of the transfer).

2. The stamp certificate must be available.

3. You must commence building on the land within 30 months from the date of the transfer.

4. The development must be for residential purposes.

5. You can claim for the refund after the after building works have commenced.

6. Any claim for a refund must be done electronically.

The time allowed to commence building work has been extended to the 31st of December 2022 therefore that the last possible eligible completion date will be 30 June 2025.If you have any questions or require any assistance on the above, please contact us at or on 01-8735012.

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McGrath Mullan

Founded in 1999, McGrath Mullan LLP has become a cornerstone of legal expertise in Dublin. Our firm offers a comprehensive range of legal services in both private and commercial law. With a team of nine experienced solicitors, we specialise in areas such as Immigration Law, Personal Injury, Commercial Property, Family Law, and Probate, ensuring our clients receive expert legal solutions.

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