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Dáil Éireann debate -
Tuesday, 24 Jan 1984

Vol. 347 No. 3

Written Answers. - Mortgage Interest Relief.

255.

asked the Minister for Finance the loss to the Exchequer as a result of mortgage interest relief.

The cost to the Exchequer of income tax relief on all loan interest is estimated at £81 million in the current tax year of which approximately £56 million is tentatively estimated to be mortgage interest in respect of principal private residences.

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