Also, what are the tax rules when switching to an Individual Retirement Savings Account and working abroad?
Qualifying homeowners are entitled to a mortgage interest tax deduction of 20 percent on incremental interest paid, capped at €1,250 per property.
I’ve had a mortgage for five years and still have €200,000 outstanding. Will I be entitled to the €1,250 mortgage interest rebate payment announced in Budget 2024 and if so, how can I claim it?
HAVE The mortgage interest relief announced in Budget 2024 is available to homeowners with an outstanding mortgage balance of between €80,000 and €500,000 on their main private residence as of 31 December 2022, as long as certain conditions are met, said Joey Sheahan. loan and author at online broker MyMortgages.ie Mortgage Coach.
