According to the Revenue press release, they have now established the entitlement status of 430,000 mortgage accounts (76% of the total). Of those, 276,000 have been determined as eligible for tax relief post -1 May and 154,000 as ineligible.

In the case of the remaining approximately 134,000 mortgage accounts definitive entitlement or non-entitlement to mortgage interest relief has not, as yet, been established. Revenue have written directly to these mortgage account holders seeking some additional information.

Revenue have developed an online facility enabling those accounts holders to provide the necessary information in a simple and quick manner. Once the information is submitted online, Revenue will be in a position to establish if a loan account is eligible for mortgage interest relief under the seven-year rule. If so, they will reactivate payment of tax relief through the TRS system without the need for any further action by the borrower. Any arrears of tax relief due back to 1 May will also be paid automatically through the TRS system.