Revenue eBrief No. 133/23

01 June 2023

Stamp Duty Manual - Section 83DA - Repayment of stamp duty under affordable dwelling arrangements 

A new Stamp Duty Manual - Repayment of stamp duty under affordable dwelling purchase arrangement has been published which contains guidance on the operation of section 83DA of the Stamp Duties Consolidation Act (SDCA) 1999.

Section 68 of the Finance Act 2022 provided for a new section 83DA which was commenced by S.I. No. 240 of 2023 on 1 June 2023.

Section 83DA provides for a full repayment of stamp duty where a residential property is sold for the purposes of an affordable dwelling purchase arrangement under the Affordable Housing Act 2021, within 12 months of its acquisition.

A repayment under Section 83DA will apply irrespective of the residential rate of Stamp Duty paid on the property which is currently 1% or 2% on individual purchases and 10% on multiple purchases under Section 31E of the SDCA 1999.