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Stamp Duty on Amex Card (issued be Bank of Ireland)

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  • 21-10-2009 6:46pm
    #1
    nayorleck114
    Closed Accounts Posts: 224 ✭✭


    Hi, I have a Blue Amex card from Bank Of Ireland, I already paid the stamp duty this year. but today they sent me a letter saying they are delisting the card from 1st of Nov and charging me the goverment duty, so in essence I have to pay the dury twice. Is this legal? shouldn't they only charge pro-rata for the number of month since last I paid it.


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    #2
    GerardKeating
    Registered Users Posts: 7,650 ✭✭✭GerardKeating


    nayorleck114 wrote: »
    Hi, I have a Blue Amex card from Bank Of Ireland, I already paid the stamp duty this year. but today they sent me a letter saying they are delisting the card from 1st of Nov and charging me the goverment duty, so in essence I have to pay the dury twice. Is this legal? shouldn't they only charge pro-rata for the number of month since last I paid it.

    Stamp duty is paid in arrears, so the SD you paid last April was for 2008, so now that are taking the 2009 SD early.

    If you get a new card in 2009, the SD paid for the blue card will cover you for the rest of the year.


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