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Mortgage Interest Relief Application

Dáil Éireann Debate, Thursday - 9 November 2017

Thursday, 9 November 2017

Ceisteanna (54)

Michael McGrath

Ceist:

54. Deputy Michael McGrath asked the Minister for Finance the reason the tax-relief-at-source history from the Revenue Commissioners shows the loan of persons was owned by a certain firm (details supplied) when the loan was transferred from its previous lender in 2012; and if he will make a statement on the matter. [47414/17]

Amharc ar fhreagra

Freagraí scríofa

I am informed by Revenue that the mortgage interest relief in respect of the loans to which the Deputy is referring was correctly applied by the various lenders for the years in question.

The cases to which the Deputy referred were relatively complex cases, with multiple loans and lenders in recent years.  When providing confirmation to the borrowers in question regarding the correct application of mortgage interest relief, Revenue used the name of the current lender to assist in distinguishing the loans in question from other older previously held loans.

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