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Dáil Éireann díospóireacht -
Tuesday, 20 Feb 1996

Vol. 461 No. 7

Written Answers. - Mortgage Interest Relief.

James McDaid

Ceist:

114 Dr. McDaid asked the Minister for Finance the value of mortgage interest relief in 1994; the projected value of mortgage interest in 1995. [3617/96]

I am advised by the Revenue Commissioners that the cost to the Exchequer of mortgage interest relief in terms of revenue forgone is estimated at £166 million for the income tax year 1994/95 and at £161 million for 1995/96.

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