Menu
22/05/2009
Revenue 'Blocks' Mortgage Relief
The Revenue Commissioners will contact several thousands of homeowners whose mortgage interest relief has been stopped.
The tax relief was limited in the April Budget to homeowners in the first seven years of their loans.
In order to establish who the relief still applies to, Revenue is asking 134,000 homeowners to clarify when their loans started.
Half of the 560,000 people qualified for mortgage interest relief in last month's budget had it stopped.
Of these, 154,000 have been deemed ineligible. They are asked to take no action until Revenue contacts them.
For further information homeowners can call the Revenue Commissioners' local tax office.
(AC/BMcC)
The tax relief was limited in the April Budget to homeowners in the first seven years of their loans.
In order to establish who the relief still applies to, Revenue is asking 134,000 homeowners to clarify when their loans started.
Half of the 560,000 people qualified for mortgage interest relief in last month's budget had it stopped.
Of these, 154,000 have been deemed ineligible. They are asked to take no action until Revenue contacts them.
For further information homeowners can call the Revenue Commissioners' local tax office.
(AC/BMcC)
Related Irish News Stories
Click here for the latest headlines.
30 April 2009
Homeowners Lose Mortgage Interest Relief
Controversy has been sparked after it emerged that mortgage relief is to be stopped from tomorrow for 57,000 people currently receiving the benefit. The entitlement is to be suspended from 1 May for everyone except first-time buyers after a Government announcement in its supplementary Budget to limit mortgage interest relief to seven years.
Homeowners Lose Mortgage Interest Relief
Controversy has been sparked after it emerged that mortgage relief is to be stopped from tomorrow for 57,000 people currently receiving the benefit. The entitlement is to be suspended from 1 May for everyone except first-time buyers after a Government announcement in its supplementary Budget to limit mortgage interest relief to seven years.
15 September 2008
Think Tank Says End "Unfair" Tax Breaks For Rich
Ahead of the Government's forthcoming budget, an influential religious think-tank has urged for a reformation of the tax system, which it believes favours Ireland's wealthy.
Think Tank Says End "Unfair" Tax Breaks For Rich
Ahead of the Government's forthcoming budget, an influential religious think-tank has urged for a reformation of the tax system, which it believes favours Ireland's wealthy.
30 April 2015
Sinn Féin Calls On The Government To 'Stand Up To Banks'
The Taoiseach Enda Kenny has been criticised by Sinn Féin leader Gerry Adams over his position on the banks refusal to cut variable mortgage rates for struggling homeowners. Mr Adams said that Mr Kenny's response was "not good enough" and that the government needs to "move beyond the rhetoric and force the banks to reduce the interest rates".
Sinn Féin Calls On The Government To 'Stand Up To Banks'
The Taoiseach Enda Kenny has been criticised by Sinn Féin leader Gerry Adams over his position on the banks refusal to cut variable mortgage rates for struggling homeowners. Mr Adams said that Mr Kenny's response was "not good enough" and that the government needs to "move beyond the rhetoric and force the banks to reduce the interest rates".
01 February 2010
Minister To Aid Struggling Homeowners
Minister for Communications Eamon Ryan has announced the Government is planing to help homeowners struggling with mortgage payments. Minister Ryan said yesterday the Government was considering a range of measures to assist homeowners struggling to pay their mortgages after a leading bank announced it may be increasing its mortgage rates.
Minister To Aid Struggling Homeowners
Minister for Communications Eamon Ryan has announced the Government is planing to help homeowners struggling with mortgage payments. Minister Ryan said yesterday the Government was considering a range of measures to assist homeowners struggling to pay their mortgages after a leading bank announced it may be increasing its mortgage rates.
05 January 2012
Tax Revenue Puts Finances "Under Control"
The Finance Minister has said Ireland is entering 2012 with its finances "under control", buoyed by an increase in income tax. The statement, issued by Finance Minister Michael Noonan and Public Expenditure Minister Brendan Howlin on the 2011 Exchequer return figures, said the budget deficit was €2.
Tax Revenue Puts Finances "Under Control"
The Finance Minister has said Ireland is entering 2012 with its finances "under control", buoyed by an increase in income tax. The statement, issued by Finance Minister Michael Noonan and Public Expenditure Minister Brendan Howlin on the 2011 Exchequer return figures, said the budget deficit was €2.
-
Ireland WeatherToday:Gale, coastal severe gale, northwest winds ease from late afternoon. Scattered showers will fall as snow over the hills at first, becoming isolated from mid-afternoon. Maximum temperature 7 °C.Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Cloud will spread east towards morning. Minimum temperature 2 °C.
