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Starting a new business - Start your own business - Oliver Niland Chartered Accountant  & Tax Specialist Galway Ireland

Tax relief on interest paid on unsecured loans for doing up your home ?

Tax relief on interest paid on unsecured loans for doing up your home ?

Relief for interest payments made on unsecured home loans taken out on or before 31 December 2012 and used for qualifying purposes, i.e. repair or improvement of your sole or main residence can be claimed from Revenue.

However, if you are also paying interest on a qualifying private residence mortgage in excess of the ceiling for relief, listed below, and you are receiving TRS on this interest then there will be no additional relief due in respect of a qualifying unsecured home loan

Any queries on same give me a call on 091 763817 or email me at oliver@taxreturnhelp.ie

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