Dáil Éireann Debate, Thursday - 23 February 2017
129. Deputy Michael McGrath asked the Minister for Finance the number of persons or mortgage accounts in receipt of tax relief at source in each of the years 2012 to 2016 in tabular form; the projected cost in 2017; and if he will make a statement on the matter. [9327/17]
Amharc ar fhreagraI am advised by the Revenue Commissioners that the number of mortgage accounts in receipt of tax relief at source in respect of mortgage interest in each year from 2012 to 2016, is as set out in the following table.
|
Year |
Number of Mortgage Accounts |
|
2012 |
355,400 |
|
2013 |
351,200 |
|
2014 |
331,200 |
|
2015 |
310,400 |
|
2016* |
297,800* |
*Estimated
Estimates for 2017 are tentative because they depend on the extent of mortgage redemption, interest arrears and interest rates, among other factors. The cost of tax relief at source for mortgage interest relief for 2017 is estimated to be in the order of €180 million.
