Finian McGrath
Question:173 Deputy Finian McGrath asked the Tánaiste and Minister for Finance if he will clarify the term first time buyer and the issue of stamp duty for anyone on the title deeds of another house. [23440/07]
View answerTuesday, 16 October 2007
Questions (100)
Written answers
I am informed by the Revenue Commissioners that the stamp duty relief for first time buyers is provided for in section 92B of the Stamp Duties Consolidation Act 1999 and that the term "first time purchaser" is defined in the section. In the definition, a first time purchaser is referred to as a person who has not previously purchased a house or a part of a house or previously built a house on his or her own behalf. In addition, a first time purchaser is a person who has received a gift of a house after 22 June 2000 or received a gift of part of a house after 27 June 2000.
A person on the title deeds of a house, whether this resulted from that house being purchased, built or gifted after that dates above, would not be regarded as a first time purchaser should they acquire another house at a later date.