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 | | He pointed out that with the average cost of a house in the greater Dublin area close to €500,000, the current Stamp Duty bands are far too restrictive. |
 | | The IPAV chief said the widening of Stamp Duty bands would be self-financing as it would free up much more movement in house sales with more and more people trading up or down. |
 | | For example, if such a property is worth €1,000,000 and the site value is €350,000, stamp duty is payable on €350,000 at the rate applicable to that figure, i.e. |
| www.ipav.ie /Industry/Current/07.08.06.htm (467 words) |
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