Written answers
Wednesday, 11 January 2012
Department of Finance
Tax Reliefs
8:00 pm
Michael McGrath (Cork South Central, Fianna Fail)
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Question 94: To ask the Minister for Finance if a person (details supplied) in County Cork will qualify for the enhanced mortgage interest relief for persons who bought between 2004 and 2008 [41426/11]
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 the period 2004 to 2008. I will be looking at the technical detail of how this will operate in the preparation of the Finance Bill.
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