Leases

LEASES

LEASES

Duty is payable on both the rent and the premium.

RentRate of duty
Lease of a house or apartment for a term that is indefinite or does not exceed 35 years and where the rent does not exceed €30,000 per yearExempt
In all other cases where the lease is for a term:
That is indefinite or does not exceed 35 years 1% of the average annual rent
That exceeds 35 years but does not exceed 100 years 6% of average annual rent
That exceeds 100 years12% of the average annual rent