For the past couple of hours it has been confusing me, too, but I think I’ve got to the bottom of it. What is crystal clear is that you will not have to pay the higher rate of stamp duty land tax (SDLT) on your new home – even though it is treated as a second property – because your share of the flat is worth less than £40,000. This would also be the case if the property you were buying was a...
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WHEN WILL IRELAND ADMIT THAT RENT CONTROLS ARE A CATASTROPHE?It is an objective statement of fact that for most of the last decade Ireland has pursued a dramatically left wing approach to housing. Our housing market is one of the most regulated in the world: Landlords are taxed on rents at 52%, or more. We introduced rent pressure zones which froze rents, and regulated rent increases. We dramatically...