Residential Property Tax - Certificate of Clearance
Taxation
01/07/1994
The Revenue Commissioners have confirmed that where a contract for sale is executed prior to the 1994 Finance Act, a certificate of clearance from Residential Property Tax is only required if the old exemption limit of 拢91,000 is exceeded.
The new exemption limit of 拢75,000 will only apply to contracts executed on or after the passing of the 1994 Finance Act (i.e. 23 May 1994).