Dáil Éireann Debate, Tuesday - 4 December 2012
160. Deputy Pearse Doherty asked the Minister for Finance the cost to the Exchequer of extending mortgage interest relief for first time buyers for an additional 12 months, subject to an annual maximum of €2,000. [54091/12]
Amharc ar fhreagraIt is assumed that the annual maximum of €2,000 mentioned in the question relates to a limit in terms of tax relief. On that basis, I am informed by the Revenue Commissioners that the full year cost to the Exchequer of extending mortgage interest relief for new first time buyers in 2013, subject to that annual maximum, would be of the order of €3.3 million.
