Mortgage Interest Relief (Tax Relief at Source - TRS)



A new temporary Mortgage Interest Tax Credit was announced in Budget 2024 on 10 October. Revenue will publish further information regarding this new tax credit in due course. The application process for this new credit is not currently available.

Mortgage Interest Relief is a tax relief on the interest you pay in a tax year on a qualifying mortgage loan.

You can claim Mortgage Interest Relief on interest paid by you on a loan used to purchase, repair, develop or improve the home. You can claim the relief up to 31 December 2020.

You must have taken out a qualifying mortgage loan between 1 January 2004 and 31 December 2012.

Next: What is a qualifying mortgage loan?