Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Homeloan tax relief

  • 23-06-2016 12:46am
    #1
    fatherted1969
    Registered Users, Registered Users 2 Posts: 2,332 ✭✭✭


    Hi, just wondering how I go about claiming tax relief on a homeloan. Applied and got it and am working through it at the moment. I'm trying to do as much of the work as I can myself to keep costs down and stretch it as far as I can. I won't be able to provide receipts for a lot of labour so can I claim tax relief at the end of the year. I'm a paye worker by the way. Cheers in advance


Comments

  • #2
    garbeth
    Registered Users, Registered Users 2 Posts: 379 ✭✭garbeth


    Don't think you can anymore as it was phased out in 2013

    What is the position if I take out a loan in 2013 or later?
    Home Loans taken out in 2013 or later do not qualify for mortgage interest relief. Tax relief is available in respect of interest paid on a qualifying loan, taken out on or after 1 January 2004 and on or before 31 December 2012, which was used to purchase, repair or improve a qualifying residence. Taken out prior to 31 December 2012 means that the loan has been drawn down and used by you on the qualifying residence (e.g. purchase of site plus building costs) before that date.

    Have a look

    http://www.revenue.ie/en/tax/it/leaflets/tax-relief-source-mortgage-interest-relief.html#section4


Advertisement