Stamp Duties Consolidation Act 1999 section 83E

Repayment of stamp duty where certain residential units leased

Section 83E provided for a repayment of the higher 10 per cent stamp duty charge where a residential unit was acquired and then leased to a housing authority or approved housing body for the provision of social housing support.

• The repayment applied where a qualifying lease, for a term of at least 10 years for social housing support, was entered into within 24 months of the relevant instrument that acquired the unit.
• The amount repaid was the difference between the duty actually paid at 10 per cent and the duty that would have applied had the unit not been a relevant residential unit.
• A tapering clawback arose, with interest, if the qualifying lease was terminated within 10 years of the qualifying date.
• The section was repealed by Finance Act 2022 with effect from 1 June 2023.