Jan O'Sullivan (Limerick East, Labour)
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Question 136: To ask the Minister for Finance the estimated cost to the Exchequer of the introduction of mortgage interest relief measures introduced in Budget 2007; and the projected property related stamp duty receipts for the full year of 2007 [3895/07]

Brian Cowen (Laois-Offaly, Fianna Fail)
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The cost of increasing the annual ceiling on the amount of interest that can be allowed on a mortgage for first-time buyers and for non-first-time buyers, as introduced in the recent Budget, was estimated to be €50 million in 2007 and €70 million in a full year.

I have been informed by the Revenue Commissioners that the projected net receipt from stamp duty on property, residential and non-residential, for 2007 is estimated at €3,267m.