Written answers
Tuesday, 13 December 2011
Department of Finance
Tax Reliefs
10:00 pm
Terence Flanagan (Dublin North East, Fine Gael)
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Question 95: To ask the Minister for Finance his views on a matter (details supplied) regarding mortgage interest relief; and if he will make a statement on the matter. [39735/11]
Michael Noonan (Limerick City, Fine Gael)
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As I stated in my Budget speech, the Government has now fulfilled its commitment contained in the Programme for Government to increase the rate of mortgage interest relief to 30 per cent for first-time buyers who took out their first mortgage in that period. I will be looking at the technical detail of the legislation in preparation for the Finance Bill and I will take the highlighted case into consideration in that regard.
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