Dáil Éireann díospóireacht -
Wednesday, 27 Apr 1966

Vol. 222 No. 4

Ceisteanna—Questions. Oral Answers. - Legal Transactions.

17.

Mr. P. O'Donnell

asked the Minister for Finance if he will state the amounts payable at present to (a) the Government of the Republic of Ireland, (b) the Government of Northern Ireland and (c) the British Government in respect of each of the following legal transactions (i) extracting Grant of Administration of an estate of net value £3,000, (ii) stamping a transfer of registered land on a scale at £3,000; and (iii) registering a transfer of registered land on a sale at £3,000; and if he will state the amount payable to the Government of the Republic of Ireland or its predecessors in respect of legal transactions at 31st December at five yearly intervals from 1925 to 1955 inclusive, at 31st December for each year from 1960 to 1965 inclusive and on 15th April, 1966.

Minister for Finance (Mr. J. Lynch):

As the reply is in the form of a tabular statement, I propose, with your permission, a Cheann Comhairle, to circulate it with the Official Report.

Following is the statement:

I have assumed that the legal transactions referred to at the end of the Deputy's question are those to which he has referred in the body of the question.

I am not in a position to supply the information sought as to the amounts payable in Northern Ireland and in England on comparable transactions.

Amounts payable in the State on—

(i) Extracting grant of administration of an estate of net value £3,000—

(a) Duties:—

	Estate Duty	Legacy or Succession Duty
31 December 1925	£90	Whether or not Legacy Duty or Succession Duty was payable in addition to Estate Duty would depend on the domicile at death of the deceased and the consanguinity of the beneficiaries to him.
,,,, 1930	£90
,,,, 1935	£90
,,,, 1940	£90
,,,, 1945	£90
,,,, 1950	£90
,,,, 1955	£30
31 December 1960	Nil	Nil
,,,, 1961	Nil	Nil
,,,, 1962	Nil	Nil
,,,, 1963	Nil	Nil
,,,, 1964	Nil	Nil
,,,, 1965	Nil	Nil
15 April 1966	Nil	Nil
At present	Nil	Nil

(b) Fees:—

	Extracting Grant from Probate Office	Extracting Grant from District Probate Registry
31 December 1925	£4 17s. 6d. plus 15/- average addition to sealing fee	£4 17s. 6d. plus average addition of 30/- to sealing fee
,,,, 1930	,,	,,
,,,, 1935	,,	,,
,,,, 1940	,,	,,
,,,, 1945	,,	,,
,,,, 1950	,,	,,
,,,, 1955	,,	,,
,,,, 1960	£9 plus 25/- average addition to sealing fee	>Same as Probate Office
,,,, 1961	,,	,,
,,,, 1962	,,	,,
,,,, 1963	,,	,,
,,,, 1964	,,	,,
,,,, 1965	,,	,,
15 April 1966	£15 10s. 0d.	,,
At present	£15 10s. 0d.	,,

In addition to the above sums, a stamp duty of 5/- has been payable at all times under review on the Bond on obtaining Letters of Administration.

Amounts payable in the State on—

(ii) Stamping a transfer of registered land on a sale at £3,000—

	Stamp Duty
31 December 1925	£30
,,,, 1930	£30
,,,, 1935	£30
,,,, 1940	£30
,,,, 1945	£30
,,,, 1950,,,, 1955,,,, 1960,,,, 1961,,,, 1962,,,, 1963,,,, 1964,,,, 196515 April 1966At present	£150£90£90£90£90£90£90£90£90£90	Reduced to £30 (a) from 1 December 1947, if the sale is of a house by a public utility society to a member; (b) if the sale is of a newly-built house in respect of which a grant is payable under the 1948 Housing (Amendment) Act or later Housing Acts; (c) from 2 July, 1952, if the purchaser and vendor are closely related.

This table does not take account of the £25 per cent. rate of Stamp Duty which, from 1st December, 1947, could have applied to certain transfers of land to non-nationals.

Amounts payable in the State on—

(iii) Registering a transfer of registered land on a sale at £3,000—

	Fees
31 December 1925	£5
,,,, 1930	£5
,,,, 1935	£5
,,,, 1940	£6
,,,, 1945	£12	6s.	0d.
,,,, 1950	£12	6s.	0d.
,,,, 1955	£12	6s.	0d.
,,,, 1960	£12	6s.	0d.
,,,, 1961	£12	6s.	0d.
,,,, 1962	£12	6s.	0d.
,,,, 1963	£12	6s.	0d.
,,,, 1964	£12	6s.	0d.
,,,, 1965	£12	6s.	0d.
15 April 1966	£21	12s.	6d.
At present	£21	12s.	6d.