Written Answers - Tax Reliefs

Tuesday, 21 February 2012

Dáil Éireann Debate
Vol. 756 No. 2

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  178.  Deputy Patrick Nulty  Information on Patrick Nulty  Zoom on Patrick Nulty   asked the Minister for Finance  Information on Michael Noonan  Zoom on Michael Noonan   the cost to the Exchequer of increasing mortgage interest relief for persons who bought a house for the first time between the years 2004 and 2008 in the Finance Bill 2012; and if he will make a statement on the matter. [9654/12]

Minister for Finance (Deputy Michael Noonan): Information on Michael Noonan  Zoom on Michael Noonan  The cost of increasing mortgage interest relief to 30 per cent for first-time buyers who took out their first mortgage in the period 2004 to 2008 is estimated at €52 million in a full year which was stated in the Budget 2012 Booklet. This information is available, along with all other Budget 2012 taxation measures, on my Department’s website at www.finance.gov.ie.


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