PENALTIES APPLYING TO STAMPING OF INSTRUMENTS MORE THAN 30
DAYS AFTER FIRST EXECUTION
Instrument stamped not later than 6 months after first
execution:
Fixed
penalty of €25;
Interest at 0.0273% per day from date of first execution to
date of payment (where the unpaid duty exceeds €30); and
Surcharge at 10% of unpaid duty
Instrument stamped more than 6 months and less than 12
months after first execution:
Fixed
penalty of €25;
Interest at 0.0273% per day from date of first execution to
date of payment (where the unpaid duty exceeds €30); and
Surcharge at 20% of unpaid duty
Instrument stamped more than 12 months after first
execution:
Fixed
penalty of €25
Interest at 0.0273% per day from date of first execution to
date of payment (where the unpaid duty exceeds €30); and
Surcharge at 30% of unpaid duty
Note: in practice, Revenue allow 44 days to elapse from
the date of execution of the instrument before penalties will be
levied
