How the other measures will affect you
The Minister for Finance announced in the budget that mortgage interest relief would be discontinued for any mortgage over seven years old from May 1.
The Minister for Finance announced in the budget that mortgage interest relief would be discontinued for any mortgage over seven years old from May 1.Theminister also said that the Commission for Taxation, which is due to report later in the year, could decide to abolish the tax break entirely.
Any person who buys a property for owner-occupancy will receive tax relief on monthly mortgage repayments for only the first seven years of their mortgage, rather...
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