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Thu 04 Apr 2009Revenue clarifies relief cut
The Revenue Commissioners have moved to clarify the qualifying criteria for those who can claim mortgage interest relief after it emerged that thousands of people who bought their homes since 2002 will have their mortgage interest relief cut off from tomorrow.
Up to 230,000 homes will lose their relief until they can show they are entitled to it. This is despite assurances in the recent Budget that homeowners would continue to be able to claim relief for the first seven years of their mortgage.
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