Government U-turn provides further evidence special relationship with Developers
A Sligo Leitrim TD has accused the government of turning their backs on first-time buyers by performing a dramatic U-Turn in relation to extra stamp duty being charged to property developers. A Government proposal that was passed last night will now result in the 10% stamp duty not applying…
Cuckoo Funds investors that rent to Councils will be exempt from new stamp duty charge
The new 10% stamp duty won’t apply to so-called cuckoo funds who rent the homes to councils. It’s after the government’s proposal was passed in a Dáil vote last night. The new tax was introduced in May due to concerns about institutional investors’ bulk-buying homes, at the expense of…