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Dáil Éireann debate -
Tuesday, 16 Nov 1971

Vol. 256 No. 11

Ceisteanna—Questions. Oral Answers. - Mortgage Repayment Interest.

16.

asked the Minister for Finance the total tax allowance granted on mortgage repayment interest in 1970.

I presume that the Deputy is referring to the amount of income tax and sur-tax relief for owner-occupiers in respect of mortgage interest.

I would invite his attention to the reply given to a similar question by Deputy Desmond on 1st June, 1971. It can be taken that the figure requested by the Deputy does not differ significantly from the figure of £1.6 million quoted in that reply.

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