Jan 2012 Mortgage Interest Relief
Tuesday, 03 January 2012
TRS Doubles in 2012 – Just not in January? If you are looking for tax refunds, or stuff you can claim back this January, Budget 2012 had one important sweetener for a lot of mortgage holders. If you took out your 1st mortgage between 2004 & 2008, you probably know by now that mortgage interest
- Published in Mortgage Interest Relief
Mortgage Arrears in Ireland
Monday, 29 August 2011
Home Mortgage Arrears Cases Rise Again Really was astonished at the latest report on mortgage arrears cases in ireland by the independent.ie today. We’ve had a lot of talk lately on ‘debt forgiveness’ for home owners recently – Todays reports really brings home how common and pervasive the problem in. For example: More than 55,000
- Published in Mortgage Interest Relief
Budget 2011: Mortgages should be part of balancing act
Thursday, 21 October 2010
So instead of having to make up €7.5bn, we are having to make up €15bn in Budget 2011 this December. And most of the debate to date has focused on whether a large enough contribution is being made to the recovery by low paid workers / Public sector workers / high paid individuals (insert as
- Published in Budget 2012, Mortgage Interest Relief
mortgage cost up 25% in last year
Thursday, 21 October 2010
What a difference a year makes. Very interesting article in the examiner recently quoting statistics from latest CSO figures. According to the CSO, the typical cost of a €250,000 mortgage has increased by 25% in the last year. Karl Deeter of Irish Mortgage Brokers breaks that down usefully and for a 25 year mortgage you are
- Published in Mortgage Interest Relief
What’s a Principal Private Residence then?
Thursday, 01 July 2010
Principal Private Residence – Why it matters What’s your Principal Private Residence? This has massive tax implications across many areas of tax. In our experience this causes a lot of confusion. What is it According to Paul Young, wherever he lays his hat, that’s his home. There’s a bit of all of us who like
- Published in Mortgage Interest Relief, Rent Relief, Tax Refunds, Wednesday Club
Mortgage Interest Relief – Wednesday Club
Wednesday, 09 June 2010
Wednesday Club Blog – Mortgage Interest Relief If you are one of the many people who took the plunge and bought your home since 2002, during the infamous Celtic Tiger, you would have been entitled to claim Mortgage Interest Relief or tax relief at source (TRS). With effect from 1st May 2009 the number of
- Published in Mortgage Interest Relief, Paye Tax, Tax Refunds, Wednesday Club
Calculate my Mortgage Interest Relief
Monday, 17 August 2009
So you have a new/existing mortgage or loan relating to your home and want to know how much you are due in mortgage interest relief. there are 3 questions you need to ask yourself in relation to this: Have I an eligible loan? Am I a First Time Buyer (FTB)? What are the rates of
- Published in Mortgage Interest Relief, Paye Tax, Self-Employed & Directors, Tax Refunds
Mortgage Interest Relief – are you a 1st time Buyer?
Friday, 14 August 2009
So much changed for mortgage holders in the April 2009 emergency Budget. Many who previously had mortgage interest relief lost it, and for others the amount they received changed. We have already looked at eligiblility in a previous post (Here). Once you have checked that you are eligible, the next step is to see if
- Published in Mortgage Interest Relief, Paye Tax, Self-Employed & Directors, Tax Refunds
Mortgage Interest Relief – is my loan eligible?
Monday, 10 August 2009
Following the emergency budget in April 2009, a number of changes were made to mortgage interest relief. These affected Who is eligible for mortgage interest relief How much relief you will get We’re going to look at who is eligible for mortgage interest relief here. In later posts, we will look at how much relief
- Published in Mortgage Interest Relief, Self-Employed & Directors, Tax Refunds