Michael McGrath (Cork South Central, Fianna Fail)
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131. To ask the Minister for Finance if a person in arrears with a mortgage but who continues to pay some but not all of the mortgage interest is entitled to mortgage interest relief subject to meeting the other eligibility criteria; and if he will make a statement on the matter. [32481/14]

Michael Noonan (Limerick City, Fine Gael)
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I am advised by Revenue that Section 244 of the Taxes Consolidation Act 1997 provides for mortgage interest relief (MIR) in respect of qualifying interest paid in a tax year.

The allowable relief is based on the actual amount of interest paid by the borrower. For example, where the borrower pays the correct mortgage amount on time in accordance with the terms of the loan then the full MIR entitlement is paid. However, where the borrower does not make payments or pays less than the full amount of interest due, then the MIR entitlement is reduced to reflect the actual amount paid.