I am advised by Revenue that receipts from Stamp Duty on non-residential property in the years 2015 to 2017 are as provided in the table.
Year
|
Stamp Duty on non-residential property
|
2015
|
€178 m
|
2016
|
€256 m
|
2017
|
€206 m
|
The latest Revenue figures show that just over €489 million was collected under this heading in 2018.
In the year to end-December 2018, €661 million was collected by Revenue in property related stamp duty (both residential and non-residential).
The principal aim of the stamp duty increase I announced in Budget 2018 was to help encourage increased home building and to stabilise the Irish property market. I consider that this it has made a positive contribution in this regard, with an increase in new home building seen in 2018, particularly in Dublin, and with house price inflation slowing.