Written answers
Wednesday, 25 April 2012
Department of Finance
Tax Reliefs
9:00 pm
Michael McCarthy (Cork South West, Labour)
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Question 44: To ask the Minister for Finance the amount that mortgage interest relief has cost the Exchequer in each of the past four years; the total number of persons who were approved for the relief in each year; and if he will make a statement on the matter. [20681/12]
Michael Noonan (Minister, Department of Finance; Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that the cost to the Exchequer of mortgage interest relief by way of tax relief at source (TRS) and the associated number of claimants in the past four years 2008 to 2011 inclusive is as follows:
Tax Year | Numbers | Cost €m |
2008 | 778,100 | 705 |
2009 | 782,700 | 486 |
2010 | 490,900 | 375 |
2011 | 488,000* | 357 |
*These figures are provisional and subject to revision.
Numbers are rounded to nearest hundred and costs are rounded to nearest million.
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