If you bought a site for the sole purpose of building a single dwelling unit on it you may be entitled to claim a refund from the Revenue Commissioners of the Stamp Duty paid on the purchase. Stamp Duty is paid at the higher rate of duty [ currently 7.5% ] applicable to non-residential purchases.
Conditions for the refund:
- You must file a Stamp Duty return and pay Stamp Duty at the non-residential rate on the transfer.
- You must have received a stamp certificate.
- You must commence building within 30 months of the date of the transfer of the land to you.
- You must develop the required proportion of the land for residential purposes.
- You can make your claim after you commence building work.
- You must make your claim electronically.
You must upload the following documents when making your claim:
- the Declaration in pdf format provided by the Revenue Commissioners;
- a copy of the instrument that transferred ownership of the land to you
- a copy of the email from the relevant Local Authority that acknowledged the Commencement Notice or 7 Day Notice as valid. This is a crucial document when claiming the refund. In addition you must complete the work within two  years of the Local Authority acknowledging the Commencement Notice as valid.
To qualify for a refund of Stamp Duty you must commence building work:
- in accordance with the Commencement Notice that has been acknowledged as valid
- within 30 months after the date the land was transferred to you
- on or before 31 December 2021.
You can reach us at 045 432382 or firstname.lastname@example.org