Written answers
Tuesday, 4 December 2012
Department of Finance
Mortgage Interest Relief
Pearse Doherty (Donegal South West, Sinn Fein)
Link to this: Individually | In context | Oireachtas source
To ask the Minister for Finance the cost to the Exchequer of extending mortgage interest relief for first time buyers for an additional 12 months, subject to an annual maximum of €2,000. [54091/12]
Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source
It is assumed that the annual maximum of €2,000 mentioned in the question relates to a limit in terms of tax relief. On that basis, I am informed by the Revenue Commissioners that the full year cost to the Exchequer of extending mortgage interest relief for new first time buyers in 2013, subject to that annual maximum, would be of the order of €3.3 million.
No comments